The New Atomic Age We Need
nytimes.com
The New Atomic Age We Need
1–10 of 211 posts
Re: The New Atomic Age We Need
#2If they said it was going to take 2 years and 1 billion dollars and it stretched out to 3 years and $1.5 billion that is one thing.
Back in the 1970s it was more like 2 years stretches to 9 years and $15 billion and you could blame union workers who never did nuclear work before, the no nukes, high interest rates, etc.
The industry was supposed to come out with standardized reactor types like the EPR, and we have low interest rates, little active opposition to nuclear power, and projects like Olkiluoto-3 are still 9 years late.
Nobody is going to put up billions of dollars unless there is some predictability in terms of cost and schedule. The fear of Fukushima is just icing on that cake.
Re: The New Atomic Age We Need
#3Re: The New Atomic Age We Need
#4The key problem in my mind is the failure of project management in building reactors. If they said it was going to take 2 years and 1 billion dollars and it stretched out to 3 years and $1.5 billion that is one thing. Back in the 1970s it was more like 2 years stretches to 9 years and $15 billion and you could blame union workers who never did nuclear work before, the no nukes, high interest rates, etc. The industry…
And once you get past fear and perception, there's NIMBYism.
Re: The New Atomic Age We Need
#5The key problem in my mind is the failure of project management in building reactors. If they said it was going to take 2 years and 1 billion dollars and it stretched out to 3 years and $1.5 billion that is one thing. Back in the 1970s it was more like 2 years stretches to 9 years and $15 billion and you could blame union workers who never did nuclear work before, the no nukes, high interest rates, etc. The industry…
Re: The New Atomic Age We Need
#6When a robber baron like Dale Carnegie wanted people to believe in his steel bridges, he staked his life and reputation and walked across the damned bridge.
Another major risk not mentioned by Mr. Thiel is a financial one, as it seems every nuclear project in the West at least has become a boondoggle. Even the project a few hours from my house - Plant Vogtle - where the state legislature generously transferred the financial risk to the taxpayers and customers - is behind schedule and over budget.
Until nuclear cheerleaders develop a taste for risk that will not be borne by others, maybe we should reduce consumption. If Las Vegas were to shut off 90% of its' outdoor lighting and fountain displays, would everyone there go blind and lose their enthusiasm to play slots? I doubt it. Just a thought.
Re: The New Atomic Age We Need
#7I am afraid that the real goal of at least 50% of climate change activists is not clean energy, but the disruption of current elite and wealth redistribution by taxation vs value creation. It is because of these 50% the realistic proposals like Peter's will not fly politically.
Re: The New Atomic Age We Need
#8Is this really true? In Lazard's 2014 comparison of total cost per MWh, both wind and solar beat coal and nuclear [1]. Costs have fallen so much that it's becoming hard to justify continued subsidies [2].
[1] http://energyinnovation.org/2015/02/07/levelized-cost-of-ene...
[2] http://www.treehugger.com/renewable-energy/us-energy-secreta...
Re: The New Atomic Age We Need
#9Is this really true? In Lazard's 2014 comparison of total cost per MWh, both wind and solar beat coal and nuclear [1]. Costs have fallen so much that it's becoming hard to justify continued subsidies [2].
[1] http://energyinnovation.org/2015/02/07/levelized-cost-of-ene... [2] http://www.treehugger.com/renewable-energy/us-energy-secreta...
Re: The New Atomic Age We Need
#10I am afraid that the real goal of at least 50% of climate change activists is not clean energy, but the disruption of current elite and wealth redistribution by taxation vs value creation. It is because of these 50% the realistic proposals like Peter's will not fly politically.