Renewable energy is cheaper than nuclear, or will be imminently. Proponents of nuclear tend to ignore the long-run costs associated with nuclear (eg. waste transport and storage), and the potential for cost blowouts due to acute disasters like Fukushima (estimated cost to taxpayers: USD $100 Billion). The fact tax money is going towards Fukushima highlights another problem with nuclear power: the agency problem. The…
Somebody gets it! It makes absolutely no sense to start building nuclear now. Even if you could guarantee 10 year build time at a fixed cost today (which you can't), by the time it is operational solar+storage will be even more economical than it is today. The cost curves are simply too favorable for any private market to favor nuclear over solar currently. Everyone in this thread keeps talking about the technology,…
So basically one would need a lot of overcapacity to be able to produce and store enough power during the summer to last over the winter. But in places like California sure go full solar as it actually works all year around.