Even if you could design a reactor that itself can be mass produced at that scale, you still need to do the same with selecting and getting environmental and public safety approval for installation sites and production, transportation, and disposal of the fuel and waste.
I'm not against nuclear from a technological perspective, but I just don't see it being economically competitive with effectively printable devices like solar and batteries given the current direction of the cost curves on each.
This wasn't just due to regulatory influence, it was also due to economies of scale. But the two are related, more regulation results in fewer builds. Fewer builds reduces economies of scale and thus increases costs. Which results in even fewer nuclear builds, and so on.
One can view the increase over time of nuclear costs as the replacement of wishful thinking with actual experience.
> (economies of scale)
Why do you blame economies of scale? The paper doesn't say that, afaict.
Also they say, "increased environmental and safety regulation ... may have led to cost increases", which does not sound conclusive.
Also, I think we really need to be talking about lifetime cost, including construction, operation, and decommissioning. In many things, spending more up front reduces later costs.
So yes, if you will, thank the hippies for preventing several nuclear incidents.
Until the subsidy is repealed and taxpayers stops insuring it, the industry's frequent claims of its own safety ring kind of hollow.
It's particularly galling to see them cynically demand that safety regulations be watered down to bring down costs while the act still exists. Imagine if we made taxpayers responsible for cleaning up oil spills.
We are. Then we try to go after the companies but it all depends on their corporate structure and in what legislature.
- For a ship not exceeding 5,000 gross tonnage, liability is limited to 4.51 million SDR (US$5.78 million)
- For a ship 5,000 to 140,000 gross tonnage: liability is limited to 4.51 million SDR plus 631 SDR for each additional gross tonne over 5,000
- For a ship over 140,000 gross tonnage: liability is limited to 89.77 million SDR (US$119.39 million)
https://www.imo.org/en/About/Conventions/Pages/International...
In the past we have accepted this socialized cost as a requirement for a world fueled by fossil fuels, which of course will change as we transition away.
The simple question to ask yourself is why do battery installations always get quoted in units of power - GW - and not units of energy, GWH - which is what we actually use?
(The answer is: because they're terrible for it. Batteries hold about 3x they're rated power value as energy - which means the 10 GW or whatever someone quotes is good for about 3 hours at that output. Great for grid stability, expensive and useless for long term storage).
For the same reason gas power plants and hydroelectric power plants are quoted in MW units, and not on the size of their fuel tanks or reservoir volume (converted to MWh as appropriate): it's the most important number for balancing the grid. If you have 90 GW of power demand on the grid at a given moment, you need 90 GW of power generation on the grid at that same moment (simplifying a bit, since transmission constraints mean you also need some of that power generation to be at specific places).
Which means they're irrelevant to the idea of grid scale energy storage, because they don't meaningfully store anything.
How does it feel when the Overton windows moves while nuclear is stuck in the past?
However, we have a number of companies working on building reactors in factories. Rolls-Royce for example is talking to Ukraine to upgrade some of their old (not sure if already decommissioned) coal plants to nuclear with small, factory-built nuclear reactors.
Modular reactors are the solution to not having enough capital or a long enough timeframe to launch and fund megaprojects at a pace that creates economies of scale anymore, which is exactly the US problem.
That's going to be tough: What happens if the day comes and they don't yet know? They can't just approve it, so just deny it?
Various agencies are constantly missing FOIA deadlines, and often the only way to get them to actually do the jobs they are legally required to do is to sue them in court, asking for both the information and to have court costs covered.
Presumably, for a regulatory agency to be held to a deadline, they would need to outline up front (or with reasonable notice) all of the things they would need to know and the inspections they would have to make. Those time tables would have to be defined early on.
This is where the idea breaks down.
How does a regulator devise a fixed schedule to regulate a novel technology?
How do you hold government employees accountable without upsetting powerful interests like politicians and unions, or get staffing funded properly on demand?
How do you even get the government to hold itself accountable on something like this when the DOD can't even *complete a clean audit*?
We'll probably just keep winging it, badly.I'm not sure we are 'winging it' at all, or doing badly. It may just be an irreduceable problem.
Proponents of a primarily solar + wind grid are betting on a breakthrough in energy storage. If that breakthrough does not transpire, we'll either have to give up on stopping carbon emissions or use nuclear power.
1. https://www.researchgate.net/figure/Overnight-Construction-C...
There's a reason why plans for a primarily renewable grid assume that compressed air, synthetic ammonia, giant flywheels, or something else will provide storage for orders of magnitude cheaper than batteries: because existing storage systems aren't capable of meeting the storage demands of intermittent generation. Will one of these systems deliver a storage breakthrough? Maybe. But it's not wise to bet the future of your electrical grid on a technological breakthrough that hasn't happened yet.
In the 72 years since then, in what meaningful ways has "Nuclear tech" improved?
It's not cheaper to build.
It's not cheaper to operate.
It's not cheaper to dispose of the waste.
It's not cheaper to decommission.
It's not faster to build.
?