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?
I'd argue at least half of it basically functions as a petroleum subsidy.
And the other thing that people just simply do not understand is it's solar and wind are now cheaper than anything else, even if the subsidies are applied to them, and would be even more so if the trump tarrifs were eliminated.
The only justification in nuclear right now it's deglobalization and energy independence. But I would argue all the money you throw into nuclear for that, it's much better served simply building out solar and wind
> And the other thing that people just simply do not understand is it's solar and wind are now cheaper than anything else, even if the subsidies are applied to them
> so if the trump tarrifs were eliminated
That sounds very very questionable. We have like tens of countries in Europe that are trying to implement solar and wind energy throughout the decades, and are undoubtful lieders and visioners in that areas. And what is the practical results? Energy costs like 10 times more than if that energy was generated through burning fissile fuel alone.
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 ↗
AtlasBarfed · · focus · HN ↗
I'd argue at least half of it basically functions as a petroleum subsidy.
And the other thing that people just simply do not understand is it's solar and wind are now cheaper than anything else, even if the subsidies are applied to them, and would be even more so if the trump tarrifs were eliminated.
The only justification in nuclear right now it's deglobalization and energy independence. But I would argue all the money you throw into nuclear for that, it's much better served simply building out solar and wind
MentalM · · focus · HN ↗
> so if the trump tarrifs were eliminated
That sounds very very questionable. We have like tens of countries in Europe that are trying to implement solar and wind energy throughout the decades, and are undoubtful lieders and visioners in that areas. And what is the practical results? Energy costs like 10 times more than if that energy was generated through burning fissile fuel alone.