Study identifies reasons for soaring nuclear plant cost overruns in the U.S.

Re:Study identifies reasons for soaring nuclear plant cost o... by whimsicalism on Friday November 20, 2020 @12:41PM (#25162816)

> the financial necessity of aging out existing plants and the time it takes to shift from one dominant source of power generation to another.

Yes... but we just undertook the capex to do this with coal -> natgas in the last decade or so. So the barrier is not just the financial cost of overhauling.

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Re:Study identifies reasons for soaring nuclear plant cost o... by pydry on Friday November 20, 2020 @12:54PM (#25162965)

and in the last 5 years we went from about 5% to 18% renewables.

The renewables industry in the US wasn't given any special dispensation so it had to compete pretty much without subsidy with natgas and coal which it could only really start to do about 5 years ago (it's cost competitive with coal only this year).

In fact, arguably the US subsidies oil and gas more than renewables.

Nuclear would require massive subsidies to grow beyond 20%. Renewables won't.

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Re:Study identifies reasons for soaring nuclear plant cost o... by patmorgan23 on Friday November 20, 2020 @01:26PM (#25163291)

The green industry is subsidized in the US at both the state and federal levels.

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Re:Study identifies reasons for soaring nuclear plant cost o... by pydry on Friday November 20, 2020 @02:12PM (#25163786)

Some. Dirt cheap solar panels from China also had tariffs slapped on them by Obama which offset much of that and killed the solar boom a few years ago.

The oil and gas industry is also subsidized at federal and state level, of course.

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