On Saturday May 9^th a transformer fire broke out in New York. While this was a seemingly innocuous event, there was more to the incident than just a fire. It broke out at the site of a nuclear power plant, located only about 35 miles from Manhattan. While the fire never spread to the nuclear power plant itself and there was no immediate threat of a nuclear meltdown, the potential danger was concerning. Yet these risks are just part of the balancing act that is required to harness nuclear power for energy. Read on to learn about the development of nuclear energy, its risks, and its rewards.

History of Nuclear Power

Developing the Technology

The first notions of atoms can be traced all the way back to the ancient Greeks, who philosophized about tiny, unseen elements which combine to form the world around us. But the real work on nuclear energy essentially started in the early years of the 20th century. In the late 1930s, German scientists, following the previous example set by Italian physicist Enrico Fermi, bombarded uranium with neutron, causing it to split. The experiment and subsequent efforts revealed that during the fission process some mass is converted into energy.

In 1942, Fermi took the next step by achieving a self-sustaining chain reaction underneath the University of Chicago’s athletic stadium. This step effectively ushered in the nuclear age. During WWII this field was mainly focused on harnessing the power of the fission reaction into some type of weapon. However, following the war focus returned to producing energy from the reaction, as part of the Atomic Energy Commission created by Congress in 1946. The first reactor to produce electricity was in Idaho on December 20, 1951. The first nuclear powered plant that created power for public use in the United States was in Shippingport, Pennsylvania in 1957.

How do nuclear power plants work?

There are two types of nuclear power plants and they work in separate ways to generate power. In a pressurized water reactor, water is pressurized but not allowed to boil. The water is then streamed though pipes and turned in to steam which powers the generators. In this type of reactor, the water creating the steam and the water in the reactor do not mix.

The other type is known as a boiling water reactor. As the name implies, in this case the water is allowed to boil and turns into steam through fission. The steam, like in the pressurized reactors, turns the generators, which create electricity. In both systems, the water can also be reused once it has been reconverted from steam back into its liquid form.

The Nuclear Power Industry

Following the opening of the plant in Pennsylvania, the industry continued to grow rapidly throughout the 1960s as corporations across the U.S. saw the possibility of a power source that was viewed as a cheaper, safer, and more environmentally friendly than traditional sources, such as coal. However, this trend began to reverse in the 1970s and 80s as the popular opinion of nuclear power became negative and many of the strong selling points of nuclear energy became areas of concern.

Nevertheless, as of January 2015, 31 countries were operating 439 nuclear power plants worldwide, although the number of operating plants can fluctuate slightly based on different definitions of the term “operable.” The United States has the most plants at 99, almost twice as many as the next country France, which has 58. The plants themselves are located predominately in what are commonly considered the more developed countries. One of the major explanations for this phenomenon are the high costs required to build a nuclear power plant. Another major factor in the peaceful use of nuclear power is the Nuclear Non-Proliferation Treaty or NPT.

Nuclear Non-Proliferation Treaty

The Nuclear Non-Proliferation Treaty (NPT) has been one of bedrocks for peacefully spreading, and at times hampering, the spread of nuclear power worldwide. The first step can probably be traced back to a speech given by President Dwight Eisenhower. This speech, coined the “Atoms for Peace” speech, provided a blueprint for effectively managing nuclear proliferation following WWII. It also paved the way for spreading nuclear technology in a positive way.

While many of the suggested measures from Eisenhower’s speech were not taken, the International Atomic Energy Agency was born out of his ideas. This agency provided the prospect of nuclear knowledge in exchange for agreeing to safeguards and arms limits. While it worked in some cases, it could not halt the military aspect of nuclear research. It did however help give rise to the NPT.

The NPT divided countries into the proverbial nuclear weapon haves and have nots. Its requirements were also essentially the same, in return for allowing inspections countries were giving technical knowhow. While there are many criticisms levied against the NPT, it did work to prevent the spread of nuclear weapons, while helping some nations gain nuclear power as an energy source.

A Series of Unfortunate Events

Despite all the efforts made to safeguard nuclear energy, there are still many concerns over the safety of nuclear power plants. This danger has manifested itself several times over the course of the nuclear power age, both internationally and abroad.

The worst nuclear power plant disaster in history was in Chernobyl, Ukraine which was then part of the Soviet Union. During the disaster, 50 people were killed at the plant and as many as a million more were exposed to the radiation. The amount of radioactive fallout released into the air, as a result, was 400 times more than what had been released in the bomb that was dropped on Hiroshima in 1945.

Domestically, the worst nuclear energy disaster was the Three Mile Island incident in 1979. During the crisis on an island in Pennsylvania, a full nuclear meltdown was narrowly avoided and no one was killed. Nonetheless, the stigma created from the ordeal was a key contributing factor to the decline of new nuclear plants in the U.S. during the 1970s and 80s.

The most recent disaster came in 2011 in Fukushima, Japan. During this disaster a massive earthquake, followed by a tsunami, damaged the nuclear reactors in Fukushima. This led to a nuclear meltdown that killed as many as 1000 people trying to evacuate the area.

These are just three examples, but there are more, both in the U.S. and abroad. While nuclear energy has been lauded for its sustainability and limited impact on the environment, the threat of a nuclear meltdown is a major consideration in regards to expanding the technology going forward.

The Future of Nuclear Energy

With last week’s fire at a nuclear facility rekindling fears over the dangers of nuclear technology, what exactly is the future of nuclear energy both domestically and abroad? In answering that, two aspects need to be considered, namely nuclear waste and security.

Waste

Although nuclear energy is often touted as a clean alternative to other energy sources, such as coal and natural gas, it has its own waste issues. In the U.S. alone each year approximately 2000 metric tons of high-level radioactive waste are generated. Troublingly, there is no permanent repository for this nuclear waste so it remains stored on site, potentially vulnerable to attack and leakage.

The waste issue continues further down the supply chain as well. The mining of uranium, which occurs mostly outside of the U.S. and therefore also partly nullifies any argument in relation to energy independence, is a very harrowing experience. A number of chemicals are used to mine Uranium which poison both the surrounding environment and the workers involved in the extraction.

Security

Along with waste is the issue of security. It has already been shown that the security of a nuclear power plant can be jeopardized by human error and natural disasters. However after 9/11 there have been fears of a terrorist attack on a nuclear facility. While the nuclear plants are supposedly protected by measures designed by the Nuclear Regulatory Commission (NRC), there are acknowledged vulnerabilities.

Air and sea attacks could be problematic, as well as multiple coordinated attacks on a facility at once. Spent nuclear rods are particularly vulnerable to attack as they sit outside of controlled nuclear reactors. While the NRC has made strides in some of these categories, especially in regards to potential air strikes, concerns remain that it still falls short in other categories such as potential land and sea assaults. Furthermore, force on force tests–staged attacks on nuclear plants–showed at least 5 percent of plants are still not adequately protected even after changes were made to increase protection following 9/11.

These fears include other worries that stem from the Soviet collapse of the early 90s. These are centered on what are termed as “loose nukes”– unaccounted nuclear weapons from the Soviet Union. Similar concerns may also arise as civil wars continue in countries such as Iraq or Syria who at one time were known to be pursuing nuclear weapons.

Staying the course?

Coupled with waste and security concerns are also cost considerations. Nuclear power plants are very expensive to maintain and suffer a failure rate, in regards to financing, of over 50 percent, meaning tax payers are often required to bail them out. In light of all these considerations and with other truer sustainable energy sources it would seem the days of nuclear energy would be numbered.

This assumption is wrong however, as already 70 new plants are under construction with 400 more proposed worldwide. While many of these will never leave the drawing table, the rise in construction and planning of new nuclear plants points to nuclear power’s proven track record in at least one regard–battling CO2 emissions and producing power on a scale that currently far exceeds any other renewable options.

This option is particularly attractive to countries with state-run governments that can commit to long term investments and are desperate to move beyond major polluters such as coal-power plants, such as China. Meanwhile in Western democracies while some construction is planned, many are working toward phasing out nuclear power altogether. In this regard Germany is leading the pack and has pledged to be completely nuclear free by 2022. The following video explores the future of nuclear power:

Conclusion

Nuclear energy seems to be the ultimate compromise. While it is cleaner than coal or gas plants, it still produces radioactive waste that has no long term storage location and takes thousands of years to decay. Conversely it has a proven track record and while it may cost more to build new nuclear facilities than any other energy source, the energy produced far outpaces many alternatives. Thus, the world with its ever growing energy demands is left to maintain the delicate balance. We are still in the nuclear age, although how long we’ll stay here remains uncertain.

Resources

Primary

Department of Energy: The History of Nuclear Energy

Additional

United States History: International Atomic Energy Agency

Physicians for Social Responsibility: Dirty, Dangerous and Expensive The Truth About Nuclear Power

CNN: After Explosion at Nuclear Plant, Concerns of Environmental Damage

Duke Energy: How Do Nuclear Plants Work?

European Nuclear Society: Nuclear Power Plants Worldwide

Arms Control Association: Arms Control Today

Foreign Policy: Think Again Nuclear Proliferation

CNBC: 11 Nuclear Meltdowns and Disasters

World Nuclear Association: Fukushima Accident

Union of Concerned Scientists: Nuclear Plant Security

BBC News: Nuclear power Energy for the Future or Relic of the Past?

Michael Sliwinski

Michael Sliwinski (@MoneyMike4289) is a 2011 graduate of Ohio University in Athens with a Bachelor’s in History, as well as a 2014 graduate of the University of Georgia with a Master’s in International Policy. In his free time he enjoys writing, reading, and outdoor activites, particularly basketball. Contact Michael at staff@LawStreetMedia.com.

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The United States and Iran, along with a number of other world powers, reached a tentative deal on April 2, 2015, that would prevent the Iranians from developing nuclear weapons. The deal required a tremendous amount of time and work to come together. With all these moving parts it’s not surprising that there have been varied reactions around the world. Regardless, if finalized, the deal will have wide-reaching ramifications both regionally and across the globe. Read on to learn about the current agreement, its impact, and what could happen if it falls through.

The Deal

So what exactly is this “deal” to which Iran, the U.S., and the other nations agreed?

Iran’s Requirements

To begin, Iran will reduce its number of centrifuges and lessen its stockpile of low-enriched uranium. Excesses of both will be handed over to the the International Atomic Energy Agency (IAEA) for safe storage. Iran will also stop enriching uranium at its Fordow facility and will not build any new enrichment facilities. Only one plant, Natanz, will continue to enrich uranium, although in lesser amounts. Additionally, Iran will halt research on uranium enrichment concerning spent fuel rods and will either postpone or reduce research on general uranium enrichment and on advanced types of centrifuges. Iran, by following through with these commitments, will abide by its requirements as a member of the Nuclear Non-Proliferation Treaty (NPT). In addition, Iran will open itself completely to IAEA inspections. The overarching goal is to change the timeline of Iran’s ability to build a nuclear weapon from a few months to at least a year.

U.S. and E.U. Requirements

On the other side of the deal are the U.S. and the E.U. These parties will begin lifting sanctions on Iran once it has been verified that it is complying with the agreed conditions concerning the nuclear framework agreement. These sanctions include a number of limitations that have hurt the Iranian economy. Specifically, the E.U. sanctions include trade restrictions on uranium-related equipment, asset freezes, a ban on transactions with Iranian financial institutions, and a ban on Iranian energy products. The U.S. has been levying sanctions on Iran since 1979; these include most of those imposed by the E.U. as well as sanctions on basically all types of trade with Iran, other than aid-related equipment.

The sanctions lifted will only be those levied in relation to Iran’s nuclear weapons program; other sanctions that are a result of human rights violations for example, will remain in place. Additionally, if Iran violates the terms of the agreement, the original sanctions can go back into effect. The following video explains in detail what the Iranians agreed to and what the U.S. and other world powers are offering in return.

Roadblocks to the Deal

While a framework is in place and the Obama Administration hailed it as progress, there are still several potential challenges that could derail the agreement before it is finalized in June. Each side appears to have to contend with at least one formidable roadblock to the deal’s success.

In the U.S., Congress still isn’t quite on board. For the U.S. to lift sanctions, President Obama needs Congress to approve the deal; however, due to consistent fighting with Congress, the president has been reluctant to leave it in their hands. Nevertheless, thanks to an agreement on April 14, 2015, Congress will now get to vote on a finalized deal if it is reached by June 30, 2015. While this may appear as yet another defeat for the president and pose a dark outlook for the nuclear agreement, the compromise reached with Congress ensures they will have a say.

Another potential roadblock is Israel. While the country does not have any direct say in whether the deal happens or not, it is not without influence.  As Netanyahu’s recent visit to the U.S. shows, he has Congress’ ear, and could prove an effective lobbyist.

On the Iranian side, dissent has emerged from the arguably most powerful voice in the entire country, Ayatollah Ali Khamenei, the Supreme Leader of the country. In a recent speech he called for sanctions to be lifted immediately upon finalization of the deal, meaning Iran would not have to proove its sincerity first. Khamenei is an unquestioned power in Iran, so this could be a big problem. The video below reiterates the obstacles to finalizing an Iranian nuclear deal.

Impact of the Agreement

The impact of a successful Iran-U.S. deal would be monumental on national, regional, and global levels.

National Importance

Perhaps no party will reap the benefits of this deal as much as Iran itself. With a deal in place, Iran’s economic struggles as a result of the sanctions will be softened. Iran has the opportunity to improve its economy dramatically. When the sanctions are lifted, Iran can enjoy a $100 billion windfall in oil profits that have been frozen as part of the sanctions. Additionally, Iran can follow through on a number of oil pipeline projects it had in place, but was unable to complete due to the sanctions. Lastly, with U.S. cooperation, Iran will be able to more efficiently develop its large oil and natural gas reserves with American technology.

Regional Importance

While Iran stands to gain the most, there will also be changes for the region as a whole. In agreeing to this deal, Iran did not agree to limit its actions in the ongoing conflicts in Lebanon, Syria, and its proxy war in Yemen, which is especially important as it is part of the larger feud between Iran and Saudi Arabia. Saudi Arabia has been in competition with Iran, its ideological and religious counter, for leadership of the Middle East for years. The two have engaged indirectly in a number of conflicts for the hearts and minds of the region. While the nuclear deal likely eliminates a potential nuclear arms race between the conflicting sides, it does nothing to prevent Iran from continuing to vie for control of the region.

Israel shares a similar fear of Iran’s growing influence. Iran is a chief supporter of Hezbollah, a group based in Lebanon that strongly opposes Israel. Additionally, Israel, while not declared, is a well-known nuclear power. These nuclear weapons provide Israel with the ultimate deterrent against larger countries like Iran. Israel therefore fears the Iran nuclear deal because it believes the deal will further empower Iran.

Global Importance

Lastly is the impact of the deal within the global community, beginning with the United States. Many experts expect a huge increase in the world oil supply once the sanctions are lifted. American corporations will benefit not only from cheaper prices, but also from access to developing Iranian energy supplies.

The deal could also help countries such as India, which also benefits from cheap energy as well as increased access to development projects in Iran. China is yet another country that can use another source of cheap oil, but by agreeing to a deal with the U.S., Iran may have taken itself out of the orbit of a sympathetic China. Along a similar vein, Russia, whose economy lives and dies with energy prices, does not need another competitor to bring the price of oil down even further, which is likely to happen.  The video below explains further what the implications of the Iran nuclear deal are.

Thus the Iran deal means something different to all parties at every level of foreign affairs, but the consensus is that it is important to all sides.

 Conclusion

On paper the Iran nuclear deal is a win for most parties. The problem is the deal is not on paper yet, as only a framework has been reached. While even getting this far can seem like a monumental step when history is factored in, that same history has the potential to undo everything achieved so far. Whether or not all sides end up getting on board with this deal remains to be seen.

Resources

Business Insider: Here’s the Text of the Iran Nuclear Framework

Al Jazeera: Why Saudi Arabia and Israel Oppose the Iran Nuclear Deal

Reuters: Kerry Says He Stands by Presentation of Iran Nuclear Deal

The New York Times: Obama Yields, Allowing Congress Say on Iran Nuclear Deal

BBC News: Iran Nuclear Crisis: What Are the Sanctions?

Cato Institute: Remaining Obstacles to the Iran Nuclear Deal

Daily Star: Region to Feel the Effects of Iran Nuclear Deal

The New York Times: Israeli Response to Iran Nuclear Deal Could Have Broader Implications

Quora: What Could Be an Impact on a Global Level of Iran’s Nuclear Deal?

BBC News: Iran-U.S. Relations

Atlantic: What Are the Alternatives to Obama’s Nuclear Deal with Iran

Michael Sliwinski

Michael Sliwinski (@MoneyMike4289) is a 2011 graduate of Ohio University in Athens with a Bachelor’s in History, as well as a 2014 graduate of the University of Georgia with a Master’s in International Policy. In his free time he enjoys writing, reading, and outdoor activites, particularly basketball. Contact Michael at staff@LawStreetMedia.com.

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