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.
> country, not Russia, China, Japan, France, USA
Are you serious when putting France in this list? Nuclear is such a cash cow here that EDF manage to make profits even while being forced by the regulator to sell a big fraction of its nuclear capacity below the operating cost and buying it back to them at market price! (We're talking about a multi-billon subsidies scheme, look for ARENH).
And that is despite (rather legitimate IMHO) regulatory constraints that have no equivalent in any other industry.
Just declare that LNT is wrong and treat materials as non radioactive if they are less than half the radiation level associated with cancer. For the rest you can try and reuse them in new reactors if possible or store it in the same place as other nuclear waste.
We've got the technology to drill deep bore holes, kilometers below where water will move on any time relevant to human existence, where we could stick what small amounts of dangerous material is left.
Encapsulating the waste and burying it somewhere on an abyssal plain in the deep ocean should also be a pretty low-risk approach, the IAEA has looked into variations of that.
Like someone else said, I think it's all expensive because some people want it to be.
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.
stymaar · · focus · HN ↗
Are you serious when putting France in this list? Nuclear is such a cash cow here that EDF manage to make profits even while being forced by the regulator to sell a big fraction of its nuclear capacity below the operating cost and buying it back to them at market price! (We're talking about a multi-billon subsidies scheme, look for ARENH).
And that is despite (rather legitimate IMHO) regulatory constraints that have no equivalent in any other industry.
vjvjvjvjghv · · focus · HN ↗
tancop · · focus · HN ↗
mrngld · · focus · HN ↗
Encapsulating the waste and burying it somewhere on an abyssal plain in the deep ocean should also be a pretty low-risk approach, the IAEA has looked into variations of that.
Like someone else said, I think it's all expensive because some people want it to be.