Re:Defying gravity, 2022 Climate Tech VC funding totals $70....
by Schroedingersat on Monday January 09, 2023 @05:09PM
(#34316966)
Even the 'dearth' of investment over the last 40 years has been trillions of dollars.
And your FUD about cAn'T mEeT bAsElOaD is just false. Even with just existing hydro most countries can meet the overwhelming majority od demand https://www.nature.com/articles/s41467-021-26355-z
Finally your point about meeting the world's needs many times over is also blatantly wrong. Existing designs run out of fuel almost immediately at a few TW, and the more burner reactors you build the longer your fictional breeder fleet takes to start.
Renewables like solar and wind don’t work at grid scale to supplant base load provided by fossil fuels without batteries. Regardless of the details, batteries have only just started to be able to be used for that, primarily due to smartphones and now electric cars increasing demand. You were never going to get there faster. And batteries, still, have terrible displacing base load because they’re not energy dense compared with fossil fuels. Oh, and batteries are NOT renewable, requiring strip mining precious metals that will get more and more expensive as easily accessible resources are depleted.
I have no problem with renewables and we SHOULD be investing in it. Unlike fossil fuels, nuclear can turn generation on / off pretty quickly without issue. So the more renewables are able to provide, the less we run the plants (it changes the unit economics of course, but we should be ok running nuclear at a loss, and yet we insist it must be profitable). But we should be honest about the reality and the consequences of going down the route of renewables without nuclear. Battery technology is great and improvements go faster than nuclear. That’s for sure. But
a) it’s still veeeeery early days for grid scale batteries
b) batteries are tiny bombs with potential for runaway chemical reactions. As density increases and larger battery installations are made, those are essentially massive bombs and fire risks. I’m not sure that’s less risky vs nuclear unless it’s in the middle of nowhere. I would personally feel more comfortable living to a nuclear plant than a massive battery (eg look at why fly wheels aren’t used even though they have insanely better density than lithium ion and as battery density increases, I suspect you’ll just approach flywheel behavior). Radioactive materials by comparison are more stable outside the reactor.
Look. I don’t disagree that nuclear had challenges to handle. However, to me they seem solvable because necessity is the mother of invention and we know that nuclear can meet all the every needs of earth many many times over. That seems harder with batteries because it starts way further back and requires meaningful R&D advances to make renewables viable to maybe take on current energy needs.