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.
Anything is cheaper when you don't count all the costs.
In January 2017 a parliamentary committee reported: "The cost of decommissioning is likely to be greater than the provisions," the technical feasibility is "not fully assured" and the dismantling work will take "presumably more time than expected."
Decomissionning is a made-up issue: no other industrial activity is expected to return clean nature after they stopped operating, even mundane things like business offices real estate or highways wouldn't be economically viable if they had to provision for decommissioning.
You could clean up the high activity thing and let the buildings and their asbestos in place and nuclear decommissioning would still be more environmentally friendly than every other heavy industry.
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.
asmodeuslucifer · · focus · HN ↗
In January 2017 a parliamentary committee reported: "The cost of decommissioning is likely to be greater than the provisions," the technical feasibility is "not fully assured" and the dismantling work will take "presumably more time than expected."
<a href="https://world-nuclear.org/information-library/country-profiles/countries-a-f/france?ref=undecided.tech" rel="nofollow">https://world-nuclear.org/information-library/country-profil...
stymaar · · focus · HN ↗
You could clean up the high activity thing and let the buildings and their asbestos in place and nuclear decommissioning would still be more environmentally friendly than every other heavy industry.
padjo · · focus · HN ↗