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.
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.
Moldoteck · · focus · HN ↗
Nuclear gets cheaper if you have several units built in same place and if you increase CF with various methods, incl higher enriched fuel