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.
I saw a DW Planet A documentary about decommissioning a nuclear plant in Germany. They walked around the plant in some safety gear, but with their faces fully exposed and no breathing apparatus. They said the project was decades behind schedule and it was costing ten times as much as expected. The decommissioning process involved spraying water and gels on slightly radioactive materials from the factory to reduce their radioactivity to effectively zero. The process created much more radioactive material than there was in the first place, which then itself had to be dealt with. The cost of decommissioning is determined by the lobbyists for the companies that do the decommissioning. Voters have no idea what decommissioning should cost, and no one will ever question going over budget. It's a great business.
The context is that all german reactors that aren't experimental or soviet are decommissioned on operators money without state financing.
The example of isar is particularly interesting - isar 2 is one of the latest that started decommissioning but is in much more advanced state vs others. Each operator does it as they wish. If you wait a bit more, rad levels drop so it's easier to decommission with less specialized equipment
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 ↗
oatmeal1 · · focus · HN ↗
<a href="https://www.youtube.com/watch?v=QKIaRg3SdTw" rel="nofollow">https://www.youtube.com/watch?v=QKIaRg3SdTw
Moldoteck · · focus · HN ↗
Black616Angel · · focus · HN ↗
Moldoteck · · focus · HN ↗
The example of isar is particularly interesting - isar 2 is one of the latest that started decommissioning but is in much more advanced state vs others. Each operator does it as they wish. If you wait a bit more, rad levels drop so it's easier to decommission with less specialized equipment