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.
Is that because every country fails to adequately charge oil/coal/etc for its externalities? Are we essentially subsidizing oil, bringing the costs artificially low such that nuclear can't compete?
Nuclear has several major cost problems if it's own. Insuring against a major accident is prohibitively expensive, the kind of inspection+maintenance regime that's necessary for safety isn't amenable to cost reductions. The list goes on. Basically:
Nuclear isn't similar to the things that grow cheaper as the operators gain experience.
Much if fhe inspections and standards aren't "necessary for safety" but the direct product of paranoia and lobbying. Nuclear is brutally overregulated, far, far beyond what's necessary to ensure safety, and that's where most costs come from.
> Nuclear is brutally overregulated, far, far beyond what's necessary to ensure safety, and that's where most costs come from.
Is this really true? We seem to have a pretty large disaster perhaps every 15-20 years (3 mile island, Chernobyl, Fukushima), which makes me think that it is either correctly- or under- regulated. Of course coal and oil are worse, but that’s not exactly a high bar…
They are in valleys and I think the risk assessment was heavily influenced by <a href="https://en.wikipedia.org/wiki/Cumbre_Vieja_tsunami_hazard" rel="nofollow">https://en.wikipedia.org/wiki/Cumbre_Vieja_tsunami_hazard which has been toned down quite a bit since... But IRSN (now ASNR) studies all kind of risks seriously...
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.
planckscnst · · focus · HN ↗
Arnt · · focus · HN ↗
Nuclear isn't similar to the things that grow cheaper as the operators gain experience.
Llamamoe · · focus · HN ↗
pinkmuffinere · · focus · HN ↗
Is this really true? We seem to have a pretty large disaster perhaps every 15-20 years (3 mile island, Chernobyl, Fukushima), which makes me think that it is either correctly- or under- regulated. Of course coal and oil are worse, but that’s not exactly a high bar…
pm3003 · · focus · HN ↗
brohee · · focus · HN ↗