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-...
For France investment in nuclear is a big benefit, as you can see in the amounts of coal and gas burned to generate electricity in neighboring Germany in the last two decades, and still burning today.
Try to present the idea of "degrowth", to China, India, Indonesia, Brazil. They all on path of growth.
I agree that France, should be paying more to Françafrique countries, but raw uranium cost is only 50% of the finished nuclear reactor fuel. And nuclear reactor fuel is 5% to 10% of the operating costs of a nuclear power plant.
Heinrich Böll Foundation and Rosa Luxemburg Foundation, both funded from Germany, published many documents criticizing uranium mining in Africa:
"
Addressing uranium-producing countries in particular, whom it seems to want to stop or at least reduce their activities, the report also focuses on the health hazards associated with extraction and the neo-colonial aspect of exploiting the resource. Particularly virulent regarding France, which is the subject of three articles and cited in several others, the Atlas targets head-on Paris's relationship with one of its main suppliers: Niger.
The Atlas likens the uranium mining model to a vestige of Françafrique and accuses the French government of enriching itself on Niger's behalf while orchestrating an ecological, human and social catastrophe in the country. The French company Orano - formerly Areva - which mines and produces uranium in Niger for French power plants, is a particular target."
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-...
leonidasrup · · focus · HN ↗
Try to present the idea of "degrowth", to China, India, Indonesia, Brazil. They all on path of growth.
I agree that France, should be paying more to Françafrique countries, but raw uranium cost is only 50% of the finished nuclear reactor fuel. And nuclear reactor fuel is 5% to 10% of the operating costs of a nuclear power plant.
<a href="https://world-nuclear.org/information-library/economic-aspects/economics-of-nuclear-power" rel="nofollow">https://world-nuclear.org/information-library/economic-aspec...
Heinrich Böll Foundation and Rosa Luxemburg Foundation, both funded from Germany, published many documents criticizing uranium mining in Africa:
" Addressing uranium-producing countries in particular, whom it seems to want to stop or at least reduce their activities, the report also focuses on the health hazards associated with extraction and the neo-colonial aspect of exploiting the resource. Particularly virulent regarding France, which is the subject of three articles and cited in several others, the Atlas targets head-on Paris's relationship with one of its main suppliers: Niger.
The Atlas likens the uranium mining model to a vestige of Françafrique and accuses the French government of enriching itself on Niger's behalf while orchestrating an ecological, human and social catastrophe in the country. The French company Orano - formerly Areva - which mines and produces uranium in Niger for French power plants, is a particular target."
<a href="https://www.docdroid.net/y7NENZB/comment-lallemagne-finance-laffaiblissement-du-secteur-nucleaire-francais-pdf" rel="nofollow">https://www.docdroid.net/y7NENZB/comment-lallemagne-finance-...
<a href="https://www.ege.fr/sites/ege.fr/files/media_files/German_Interference_Political_Foundations.pdf" rel="nofollow">https://www.ege.fr/sites/ege.fr/files/media_files/German_Int...