381–390 of 1001 posts
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In other words: nuclear is not viable unless the risks are offloaded to the public. Privatize profits, socialize risks.
Its the same with any massive infrastructure investment - only governments have the balance sheet to build them.
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> Most of it are fake costs due to regulation. It’s really not, nuclear inherently requires extreme costs to operate. Compare costs vs coal which isn’t cost competitive these days. Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies. Nuclear must have a more complicated boiler setup wi…
> Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. You have to take scale into account. This is 20 years of spent fuel. https://npr.brightspotcdn.com/dims4/default/cca0b8d/21474836... That's it. 20 years. Just that, for a constant, quiet output of just about a gigawatt. And that's an old, decommissioned reactor. You're right about nuclear fuel refinement,…
We need to drive down the costs of implementing nuclear energy. Most of it are fake costs due to regulation. I understand that regulation is needed but we also need nuclear energy, we have to find a streamlined way to get more plants up and running as soon as possible. I think they should all be government projects so that private companies can't complain that they're losing money and keep have to ratchet up the pric…
> Most of it are fake costs due to regulation. It’s really not, nuclear inherently requires extreme costs to operate. Compare costs vs coal which isn’t cost competitive these days. Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies. Nuclear must have a more complicated boiler setup wi…
Whatever. No one wants to invest into it anyway. https://en.wikipedia.org/wiki/Levelized_cost_of_electricity
LCOE does not account for the full (system) costs. Nuclear power plants have capacity factors over 90%, while PV/Wind have less than 25%. LCOE does not account for the added costs, such as increased transmission and storage/backup costs.
Quote from https://www.manager-magazin.de/finanzen/versicherungen/a-761... (Google translated):
Berlin – According to a study, comprehensive insurance against the risks of nuclear power would cause electricity prices to explode. According to calculations by actuaries, the premiums to be paid could cause electricity prices to rise more than forty-fold.
"Nuclear energy is ultimately uninsurable," said insurance expert Markus Rosenbaum on Wednesday in Berlin. If an insurance company wanted to build up sufficient premiums for a nuclear power plant within 50 years, for example, the remaining operating life of a reactor, it would have to charge 72 billion euros per year for liability insurance.
The German Renewable Energy Association (BEE) commissioned the "Leipzig Insurance Forums" to conduct the calculations even before the Fukushima reactor disaster. "The true costs of nuclear power are ignored and, in the event of a serious accident, are passed on to the public," said BEE Managing Director Björn Klusmann.
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The problem with nuclear is not the ultra-low probability of incidents, but the potential size of the incidents. And then you have bad faith actors. No one would ever put graphite tips in the control rods to save some money, wouldn't they? No one would station troops during war in a nuclear power plant, wouldn't they? No one would use a nuclear power plant to breed material for nuclear bombs, wouldn't they? Finally,…
> The problem with nuclear is not the ultra-low probability of incidents, but the potential size of the incidents. This is also not as bad as people think. Chernobyl was bad, but the real effect on human health was shockingly small. Fukushima is almost as well-known, and its impact was negligible. Even if we had ten times as many nuclear disasters - hell, even fifty times more - it would still be a cleaner source of…
Yeah the final outcome was pretty negligible, especially if we ignore to huge exclusion zone that can’t be occupied for a few hundred years.
But even in those disasters, we often got a lucky as we got unlucky. The worst of the disasters was often avoid by individuals taking extreme risks, or even losing their lives to prevent a greater disaster. Ultimately all of the disasters demonstrated that we’re not very good a reliably managing the risks associated with nuclear power.
Modern reactor designs are substantially safer and better than older reactors. But unfortunately we’ve not building reactors for a very long time, and we’ve lost a huge amount of knowledge and skill associated with building reactors. Which drives up the cost of nuclear reactors even further because of the huge cost of rediscovering all the lost knowledge and skill associated
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The only way to ensure that a civil uranium enrichment program remains strictly civil is via transparency and monitoring. A country that has mastered uranium enrichment technology for fueling civil power reactors could use the same technology to produce bomb-grade uranium. It actually takes more work to enrich natural uranium into fuel for power reactors than it takes to further enrich power reactor fuel into bomb ma…
This is scary. so the extra effort to move from, say, 20% to 85% is relatively small compared with the effort to get up to 20% in the first place. Might as well build a feature into the reactor so that it only works with <=20%
We need to drive down the costs of implementing nuclear energy. Most of it are fake costs due to regulation. I understand that regulation is needed but we also need nuclear energy, we have to find a streamlined way to get more plants up and running as soon as possible. I think they should all be government projects so that private companies can't complain that they're losing money and keep have to ratchet up the pric…
> Most of it are fake costs due to regulation. It’s really not, nuclear inherently requires extreme costs to operate. Compare costs vs coal which isn’t cost competitive these days. Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies. Nuclear must have a more complicated boiler setup wi…
> nuclear inherently requires extreme costs to operate.
You're over simplifying and cherry-picking. Is it a big deal if it costs 10x more if it produces 20x more power? What about 10x the cost, 10x the power (so equal $/MWhr) but 0.1x the land? What about 10x cost, 10x power, 1x land, but 10x more power stability? As in fewer outages. How much will you pay for 99.999 than 99.99?
The problem with the vast majority of these energy conversions is that people act like all these costs are captured in the monetary metric. I'm sorry, the real world is complex and a spreadsheet only takes you so far. There's no one size fits all power source. The best one to use depends on many factors, including location. If you ignore everything and hyper focus on one metric you're not making an informed decision that's "good enough" you're arrogantly making an uninformed conjecture.
I'm surprised how often this needs to be said (even to pro nuclear folks), but nuclear physics is complicated. Can we just stop this bullshit of pretentiousness masquerading as arrogance?
Earlier quoted context omitted.
LCOE does not account for the full (system) costs. Nuclear power plants have capacity factors over 90%, while PV/Wind have less than 25%. LCOE does not account for the added costs, such as increased transmission and storage/backup costs.
It does not account for a lot of things, for example insurance. Quote from https://www.manager-magazin.de/finanzen/versicherungen/a-761... (Google translated): Berlin – According to a study, comprehensive insurance against the risks of nuclear power would cause electricity prices to explode. According to calculations by actuaries, the premiums to be paid could cause electricity prices to rise more than forty-fold. "N…
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> Sure, it might cost more I think this is more than good enough to be the "straight answer" you're looking for all on its own (& it's definitely not a case of "it might" - it definitely will). However, on top of the cost, there's three additional reasons: 2. It will take longer 3. It will need to be geographically distributed to an extent that will incur a significantly broader variety of local logistical red tape &…
> It will take longer Longer than nuclear? Where did you get that idea from? Anyway, about #4, nuclear can't economically work in a grid with renewables without batteries. With renewables, you can always temporarily switch to a more expensive generator when they go out, but anything intermittent that competes with nuclear will bankrupt it.
When we're talking about societal public investment - even investment in the private sector - capital cost is a much more constrained consideration than anything related to abstract market "competitiveness". The latter does not influence the former in real terms (only in argumentative policy terms, which are unfortunately more impactful than they should be).
> Longer than nuclear? Where did you get that idea from?
Longer than nuclear to do what? I was replying to the above commenter who said the following:
> in theory any amount of power a nuclear plant would generate could also be achieved with large amounts of renewables
TTL for individual nuclear is obviously always much longer than for renewables but time to any arbitrary large generation goal is almost certainly shorter for nuclear (barring taboo).