I've seen quite a few SMR proposals over the last couple of years and not a single one that dared to address the whole cycle from deployment to eventual decommission as a function of the total revenues - costs to operate. Most of these projects seem to be made to bilk investors or governments rather than to actually produce power. The day Italy produces the first KWh that is net profitable to the operators without counting subsidies I will be highly amazed, and that's assuming they get to operational in the first place.
I agree, I tell everyone who will listen that no country, not Russia, China, Japan, France, USA etc has ever made nuclear power profitable. And you can't blame it on the environmentalists in China and Russia.
That being said, many countries consider it a national security issue not to be held hostage to foreign oil.
Why the myopic focus on profitability? Only one nation has succeeded in making healthcare profitable, please tell us how that has led to the best outcome for society?
Because for power creation there are alternatives, but for healthcare there aren't. Renewables are cheap now and they also solve the sovereignty issue. Ideally we could use land currently dedicated to energy crops to install solar panels that operate at a significantly higher efficiency.
Having sovereignty over your energy production doesn't mean that you need to control every single step of the renewables industry from raw materials to installation. Solar panels, batteries and wind turbines won't run out within a few weeks to months like strategic oil reserves. If you're suddenly and completely cut off from your suppliers, there's enough time to switch to other providers or build you own industry before the current hardware reaches the end of its life.
jacquesm · · focus · HN ↗
asmodeuslucifer · · focus · HN ↗
That being said, many countries consider it a national security issue not to be held hostage to foreign oil.
tremon · · focus · HN ↗
Klaus23 · · focus · HN ↗
ImJamal · · focus · HN ↗
Klaus23 · · focus · HN ↗