If you believe regulations will be substantially reduced, fair enough, but is there legislation to that effect in the pipelines?
You continue to claim nuclear is cheaper, but that is certainly not how it plays out in places like France (or on average) - Californian prices are not the right measure there, nor hypothetical costs of nuclear.
You can allege that there will huge cost improvements on nuclear, but my point is that on other energy generation the costs are already down (without tinkering with discount factors because a lot went into operation with funding) and that technologies that are stagnant in costs tend to fail on that front. Changes to the technology as such (e.g., building different reactor types) could change that, but we don't know.
And, of course, solar could generate huge amounts of energy by, for example, plastering some large desert with it. That said, no-one is seeing solar as the only solution: wind, tidal, hydro, eventually fusion to name few. Some fission will be in the mix, too, because it is around or being build.
~25B on nuclear weapons (likely maintaining our military arsenal)
~5B on nuclear energy
~27B on renewables
And nuclear requires waaaaaay more for R&D because it’s a more difficult energy source than solar which is scientifically more straightforward & more of an engineering problem that industry is well suited to solving.
No you can’t just plaster solar cells in the middle of some desert because while HVDC has gotten cheaper, it’s still quite expensive and even harder than nuclear tech in some ways to cost reduce. You want to minimize the distance between where you produce energy and where you consume it.
If you need the power to remove carbon dioxide from the air, you do that where the power is. (And there is also chemical storage if you had to transport energy long distance - but a moot point).
The problem is that solar capacity just grows too slowly. We’re growing solar manufacturing capacity as quickly as possible and still fossil fuels remains stubbornly the dominant fuel type for grid energy production in America and barely shifts regardless of how many renewables we add. So from the perspective of “we tried something maybe it’s not working” I’d rather look at the impact scaling up an energy source has on fossil fuels and all evidence suggest that solar has trouble taking over (fossil fuel use and solar energy generated seems uncorrelated whereas it is inversely correlated with nuclear which is what you want).
Why are you so focused on solar, other things like wind are cheap, too? I couldn't care less about what particular energy source is used, I am just making a cost argument. No goal posts are being shifted by me. If you now want to discuss industrial capacity, then, sure, let's discuss how we can somehow build a few hundred nuclear power plants quickly but not expand wind, solar, geothermal or other things quickly.
If there already are cheap technologies, pushing for another one that isn't but might be is a tough proposition.
China built more wind and solar in the first nine months of 2023 than the sum total of all their nuclear reactors under construction, and they have 26. They are likely to build even more over the next nine months. Current estimates are that their emissions will begin a structural decline as soon as next year, because their renewable construction is outpacing demand. Your statement is so far off factually it’s not even in the same universe as reality.
What is your distinction of "generation costs" vs prices?
> Inflation isn't specific to nuclear and regulations will continue to be part of nuclear.
Inflation is a bit relevant in that the average nuclear power plant age is 42. Solar installations by comparisons are a lot more recent. That means that inflation has operated on a longer time period than for solar. And again, I said that's a small part. The primary driver is we've divested from building nuclear because of overblown fears around safety of operation or security or whatever other fear you may associate with nuclear.
As for "regulations will continue to be part of nuclear", that's why I'm saying. Part of investing in nuclear means organizing politically to remove the BS regulations and calling BS on things like security concerns which seem to be purely hypothetical.
> Over time, cheaper generation should win out - absent interventions - so nuclear isn't in a great place to start.
Huh? Like you're shifting the goal posts. It matters very little right now if the cost curve is better for solar. That's for 5-20 years from now and comparing it against a technology we've divested from is a false comparison. It's even more BS considering nuclear remains cheaper today even with effectively 0 investment (most funds have been going to maintenance only) and still remains cheaper than wind & solar. Nuclear can even outperform fossil fuels on price in some cases.
But again. Cost to generate the energy is ultimately a very myopic view because fossil fuels externalize the true cost substantially and literally anything is better. It's estimated to cost $200 trillion dollars to zero out human carbon emissions by 2050 & if we fail it'll cost the US alone ~14.5 trillion dollars in the next 50 years (which again involves on externalizing and ignoring the impact of climate change since the biggest impact to the US is illegal immigration but the biggest direct financial impact is not to the US). Climate-related disasters already cost the world ~$650 billion dollars anually. By comparison the costs associated with building and cleaning up a nuclear power plant and cleaning it up seem quite trivial. Sure at some point solar may get cheaper in absolute dollars to. But it all doesn't matter because the thing we need to get to is negative carbon emissions. Oh and btw. Solar won't be able to solve that. The energy required to start pulling carbon out of the air en masse will require huge energy production that really only a nuclear power plant can scale sufficiently well to handle.