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.
France is in that list (hello i'm from france too) because construction is heavily subsidized and decommission is overall not happening, not planned, and more or less not even approaching the planning stage. The few decommissions that are taking place are decades late and billions over budget.
It's not industry secret that if you count the entire life cycle, nuclear is the most expensive (in terms of euros) energy we have. Does that mean it's a bad investment? Not necessarily. If you're an ecologist, it's a bad investment because it takes us in the wrong direction (more energy consumption) instead of going the way of degrowth. Also, the nuclear industry is very much in bed with the military industrial complex, which is something you may be concerned about.
And that economic analysis does not even account for how "stolen" the uranium we use is. If France paid an actual fair price to the Françafrique countries pillaged for their uranium, it would probably be more expensive. TBH, i haven't followed developments in the last years in regards to french neocolonialism collapsing in sub-saharan africa, but here's a small article from 6 years ago: <a href="https://infokiosques.net/IMG/pdf/uranium_de_la_francafrique-fil-2020-12p-2.pdf" rel="nofollow">https://infokiosques.net/IMG/pdf/uranium_de_la_francafrique-...
> If you're an ecologist, it's a bad investment because it takes us in the wrong direction (more energy consumption) instead of going the way of degrowth.
What a horrible, nihilistic philosophy. Disgusting that anybody takes it seriously.
No, it's not a suicide pact. If it was just a suicide pact, they'd get it over with and leave the rest of us alone. It's a homicide pact, a genocide pact for the entire human race.
degrowth is compatible with increasing standards of living for 99.5% of people all the while being able to then actually preserve these standards up in the future.
our current model produces growth without proportionally increasing standards of living, and accepts that livelihoods will collapse all over Europe and Africa as it becomes increasingly hostile to agriculture due to climate change.
think of the viability of degrowth as a policy within the prisoners dilemma of global capitalism as you want, but please come up with a more serious critique that doesn't equally indigte the staus quo
And we have tried it too! There have been energy shocks before, where the price of energy spikes and causes corresponding drop in energy consumption, leading to degrowth.
They only talk about the benefits in the abstract, but not what an energy shock actually means. It means people can’t afford to pay for heating and freeze to death. It means factories close down because the inputs are too expensive. Construction stops because the raw materials (steel, concrete) are too expensive to manufacture, and people don’t have money to pay for new homes.
We have done all these things just in the last 4 years! So why should we do more of it instead of just building more renewable energy?
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.
selfhoster1312 · · focus · HN ↗
It's not industry secret that if you count the entire life cycle, nuclear is the most expensive (in terms of euros) energy we have. Does that mean it's a bad investment? Not necessarily. If you're an ecologist, it's a bad investment because it takes us in the wrong direction (more energy consumption) instead of going the way of degrowth. Also, the nuclear industry is very much in bed with the military industrial complex, which is something you may be concerned about.
And that economic analysis does not even account for how "stolen" the uranium we use is. If France paid an actual fair price to the Françafrique countries pillaged for their uranium, it would probably be more expensive. TBH, i haven't followed developments in the last years in regards to french neocolonialism collapsing in sub-saharan africa, but here's a small article from 6 years ago: <a href="https://infokiosques.net/IMG/pdf/uranium_de_la_francafrique-fil-2020-12p-2.pdf" rel="nofollow">https://infokiosques.net/IMG/pdf/uranium_de_la_francafrique-...
philwelch · · focus · HN ↗
What a horrible, nihilistic philosophy. Disgusting that anybody takes it seriously.
kriops · · focus · HN ↗
philwelch · · focus · HN ↗
_bent · · focus · HN ↗
our current model produces growth without proportionally increasing standards of living, and accepts that livelihoods will collapse all over Europe and Africa as it becomes increasingly hostile to agriculture due to climate change.
think of the viability of degrowth as a policy within the prisoners dilemma of global capitalism as you want, but please come up with a more serious critique that doesn't equally indigte the staus quo
philwelch · · focus · HN ↗
testdelacc1 · · focus · HN ↗
They only talk about the benefits in the abstract, but not what an energy shock actually means. It means people can’t afford to pay for heating and freeze to death. It means factories close down because the inputs are too expensive. Construction stops because the raw materials (steel, concrete) are too expensive to manufacture, and people don’t have money to pay for new homes.
We have done all these things just in the last 4 years! So why should we do more of it instead of just building more renewable energy?