It's true that nuclear doesn't make economic sense relative to running a gas plant and using solar when you can. You can get a greater immediate carbon reduction by spending the cost if a nuclear plant on supplementing fossil fuels with nuclear. But that'll only go so far. Once you outstrip demand during peak generation hours, you're effectively getting less energy for the same capacity. It doesn't provide a path to decarbonization without storing large amounts if energy - much larger than what we'll be able to store for decades at least.
The Finnish Olkiluoto plant might go on line in 2022 and then it would have had a 22-year development time. Starting such a project today this would mean it finishes around 2040. And this was planned with "conventional" nuclear technology and knowing well all the difficulties such a construction entails. That would perhaps be in time to power a kind of cold house museum to show our children how Earth has been looking before runaway climate change.
https://en.wikipedia.org/wiki/Olkiluoto_Nuclear_Power_Plant#...
Proposing new technology which is sure to run longer smells to me a lot like to suggest doing nothing in order to avoid change that is both absolutely urgent, and totally possible now.
Oddly, this is the exact sort of behavior I sometimes see with the advocates for renewables.
Cost should always be a consideration, but when people conveniently ignore some costs and focus on others, it does a disservice to the goal of decarbonizing the grid.
The levelized cost for residential rooftop solar is at least as high as nuclear, but that cost doesn't seem to matter to some advocates. The cost for renewables + storage is at least the cost of nuclear, but that cost also doesn't matter to some advocates. (If grid storage was cheap, we would have built it decades ago.)
https://www.lazard.com/perspective/levelized-cost-of-energy-...
Some advocates recommend massively overbuilding solar or wind to deal with seasonal differences. This is obviously a cost multiplier but that doesn't seem to matter to some advocates.
Advocates also describe how we will rebuild the electrical grid to move vast amounts of solar or wind power across the USA. This will not be cheap or easy. Even the relatively small proposed Tres Amos SuperStation hasn’t been completed yet. This cost doesn't seem to matter to some advocates.
Advocates for renewables seem happy with relying on natural gas peaker plants to get around the costs of building grid storage, but methane is a very potent GHG in the short term and there are lots of methane losses in its capture and distribution. No one seriously thinks that natural gas is a long term answer to climate change.
It is possible there will be some major advances in grid storage that will allow us to stop using natural gas to cover for the intermittent nature of wind and solar. In that case - great! But... what if that doesn't pan out? The dangers we are facing in the coming decades are immense. If you were forced to choose, would you prefer the world to suffer through catastrophic climate change rather than use nuclear power?
Other projections have the economy basically decarbonizing (without needing nuclear) at a CO2 tax of just $200/ton.
There's a good reason Exelon is tryin to spin off all its NPPs.
Where did they say that?
“The cost of new nuclear is prohibitive for us to be investing in,” says Crane. Exelon considered building two new reactors in Texas in 2005, he says, when gas prices were $8/MMBtu and were projected to rise to $13/MMBtu. At that price, the project would have been viable with a CO2 tax of $25 per ton. “We’re sitting here trading 2019 gas at $2.90 per MMBtu,” he says; for new nuclear power to be competitive at that price, a CO2 tax “would be $300–$400.” Exelon currently is placing its bets instead on advances in energy storage and carbon sequestration technologies.
I don't think we really know what a fair CO2 tax should be since it is hard to say what are the long term societal costs of an extra ton of CO2 in the atmosphere. (Though we will likely find out in the next 50 years.)
I am not sure the amount of subsidies that are given to wind, but the rationale for the CO2 tax idea seems to come from that:
>...Crane blamed the regulators of wholesale power markets for failing to give credit to nuclear generators for the social benefits of their carbon-free output. He and other executives say that it’s unfair to not provide nuclear generators a subsidy comparable to the tax credit that wind turbine operators receive for every kilowatt-hour of electricity they produce.
[0] https://en.wikipedia.org/wiki/Nuclear_power_in_China#History
That is a different discussion. France built France built over 50 reactors in about 15 years, so obviously a rapid buildup could be done if that ends up being the best option, but that is worthy of its own discussion.
My point was that there are advocates who only talk about the cost of nuclear power compared to say the low cost of solar electricity from solar cells in Arizona at noon. If we are going to only rely on wind/solar there are a lot of unknowns about how long term grid storage could work or the costs of over building of wind/solar that might have to be done, etc etc. Yea that all might just work out, but if it doesn't is it better to suffer an existential threat from climate change or use nuclear power? If people are opposed to nuclear power no matter the consequences, then they should just say that.
I think Bill Gates has the right approach here - he is investing in grid storage technologies AND investing in advanced nuclear plant designs.
There's this weird myth of "either or" here. People are treating money, labor, and materials as if they are these static things. This isn't a video game where if you need more pylons you just buy them. In reality we only have so many experts in a field at a time. We can't just solve fusion faster by throwing more money at it. There are diminishing returns after a point. So you use this money elsewhere. This weird myth of "either or" really comes down to thinking that everyone is stupid and "I'm an expert" (the "It's so simple, you just..."). I find this odd on a site full of tech nerds who have to frequently deal with these types of logistical issues and laymen making wildly naive conjectures.
This is why most plans for renewables are contingent on orders-of-magnitude improvements in energy storage. Or continued use of fossil fuels. Because if you use nuclear to fill in the duck curve, then there's no reason to build out other sources of energy.
If so, the renewable advocate should argue based on cost. Nuclear is very likely going to lose that argument, ultimately spurious arguments about energy density or intermittency notwithstanding.
Consumer rooftop solar might be the most highly subsidized form of power in the world, so yes it might be cost-effective for the people getting the subsidies - but that doesn't mean it is not expensive.
Nuclear fans just have no economic sense. It is all about nuclear no matter the cost.