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Sweden’s incoming cabinet says new nuclear reactors will be built

bloomberg.com

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Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#51
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Power generation should be publicly owned, private ownership of such critical resources inevitably creates moral hazard.

I think it's fine if governments pay for and operate power generation facilities, but at the same time I don't think private companies should be prohibited from building power generation facilities if they want to and they think they can do it better (provided they have to pay for externalities).

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#52
post #8

Earlier quoted context omitted.

Dr Angela Merkel holds a PhD in quantum physics. she stands by her cabinets decision to leave nuclear energy in densely populated Germany, as per a recent interview. renewables will provide for 80% of Germanies energy needs by 2030, and close enough to 100% in 2050.

How exactly will you be 100% renewable during a cloudy and windless period with solar and wind?

[deleted]

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#53

How do I vote for similar politicians in the USA? We need nuclear, and we need it yesterday.

Look at the most recently constructed nuclear plants in the USA, figure out who allowed that to happen, and and conspicuously give them public credit for their decisions.

I think the point is that it has been decades since a new nuclear facility was built in the US so there really isn’t any around to promote.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#54
post #25

A bit of context, the south area which this reactor is suggested to be built in has occasionally a 1000% electricity higher price from the northern regions. A big reason for this is that prices in the south is highly connected to markets that the south region is connected to, and those region are heavily importers of electricity creating a higher demand than there is available of cheap energy. For example, in order t…

From what I understand it's also (mainly?) because the southern areas pricing is very connected to Danish and German markets.

Maybe someone should sabotage some energy infrastructure on the Baltic seabed to ensure better prices in Sweden…

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#56

How do I vote for similar politicians in the USA? We need nuclear, and we need it yesterday.

Look at the most recently constructed nuclear plants in the USA, figure out who allowed that to happen, and and conspicuously give them public credit for their decisions.

Look at the recent fiascos where $15B has already been spent and they say giving them another $10B will surely provide you with a 2GW plant, if you just wait enough years more. Or might not.

"Public credit" for these massive corruption festivals does not lead to good results.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#57
post #53

Earlier quoted context omitted.

Look at the most recently constructed nuclear plants in the USA, figure out who allowed that to happen, and and conspicuously give them public credit for their decisions.

I think the point is that it has been decades since a new nuclear facility was built in the US so there really isn’t any around to promote.

We just finished building one and are loading fuel into it as I write these words.

https://news.ycombinator.com/item?id=33205813

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#59
post #46
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

The idea of nuclear power is good. The facts of nuclear power are much less good. It is not too much to ask that lifecycle costs and safety get addressed. For example, the French success with nuclear power looks much less successful due to decommissioning costs coming in at a multiple of estimated costs. The French low-balled their estimates, to be a fraction of estimates by Germany and UK. Which estimates do you bel…

French politicians voted in 2015 to shut off all planned new nuclear investment in favor of transitioning to “renewables”

It was political incompetence that led to the French plants needing to have their lives extended MUCH BEYOND their expected lifetimes.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#60
post #56

Earlier quoted context omitted.

Look at the most recently constructed nuclear plants in the USA, figure out who allowed that to happen, and and conspicuously give them public credit for their decisions.

Look at the recent fiascos where $15B has already been spent and they say giving them another $10B will surely provide you with a 2GW plant, if you just wait enough years more. Or might not. "Public credit" for these massive corruption festivals does not lead to good results.

Then your argument is with the GP about whether we need nuclear power plants.
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