People love to say it, but is there evidence? I've never seen it - which doesn't mean it doesn't exist, but that this claim needs it.

Nuclear was much cheaper in the 1970s and early 80s: https://www.researchgate.net/figure/Overnight-Construction-C...

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.

In other words, nuke cost has only ever increased, however much was built.

On a per-MW basis nuclear power dropped in cost during the 1950s. See the small blue dots round the late 1950s and early 60s? Compare that with the cluster of red dots.

Early, low-hanging fruit?

That, and larger plants. Things like concrete containment vessels have costs relative to the surface area of a hemisphere, while power output scales with the volume. But the big driver was economies of scale. Building multiple copies of the same or similar design means you can have longer production runs of steam generators, pressure vessels, turbines, etc.

I.e., cost has risen monotonically since the 1950s.

Incorrect, it fell from the 1950s through the 1960s.

I.e., cost has risen monotonically since the '60s. Costs were all over the map in the 50s.

In the early days, vendors didn't know how much NPPs would cost, so they priced them to sell, so they could gain that data. Later prices reflected that experience.

One can view the increase over time of nuclear costs as the replacement of wishful thinking with actual experience.

Thanks for the paper. Quick summary (of a quick read): Most research has studied US and France; this paper adds other countries. Costs have greatly increased in US and France, but not always in other countries. They've decreased recently in South Korea.

> (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.

We can thank the hippies of the 60s and 70s for all their anti-nuclear silliness for making the nuclear industry heavily over regulated.

There was also the Soviet nuclear fireworks project in the 80s that didn’t help much.

And then it took until the 90s to have an actual imopact on policy. It always puzzles how people get even the most basic timelines wrong.

You have to to be honest. They were able to push for stronger regulations not because politics mainly listens to hippies. Stronger regulations were prudent considering the safety levels of the earlier reactor design. Without those regulations, many more cheap, but less safe reactors might have been built. Of which more had gone bad over years.

So yes, if you will, thank the hippies for preventing several nuclear incidents.

China has installed more renewable energy than the rest of the world put together last year. I'm pretty sure we can rule out any "ridiculous regulatory regime" issues there.

They’re also building a lot of nuclear: https://www.statista.com/statistics/1129876/china-nuclear-po...

China is barely building nuclear anymore. China added more wind and solar the past nine months than all of its nuclear reactors under construction will provide. Yes, that includes capacity factor. https://twitter.com/yo_ean/status/1718633487454904718

A moderate civilian nuclear supply chain and skills base helps keep a lid on the maintenance and construction of nuclear submarines, carriers and nuclear bombs.

If you’re going to try to determine how China is approaching nuclear power, it’s probably more useful to look at data related to that [0], instead of drawing conclusions from tangential data.

[0] https://en.wikipedia.org/wiki/Nuclear_power_in_China

The point I was making is that China isn't inclined to do things just to appease some regulatory requirement. They are also building an incredible amount of Coal power.

Ah, I think there’s a misunderstanding of the parent comment. They aren’t necessarily saying that the problem is pro-renewable regulation, just that there are heavy (safety) barriers for nuclear.

Yeah, the safety standards for nuclear reactors exaggerate the dangers compared to the alternatives that are suitable for base load generation

The Price-Anderson Nuclear Industries Indemnity Act exists precisely because sophisticated private insurers run a mile from fully insuring against these dangers.

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.

> 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.