Thread

NRC issues first U.S. construction permit for a BWRX-300 small modular reactor

151 points · 191 comments · papa-whisky

testing22321 · 1790741363 · focus · HN ↗
Place your bets now.
Time until first power generated, and actual final total cost.
I’ll go 15 years and $10 Billion.
1. mpweiher · 1790753387 · focus · HN ↗
  How certain are you of your prediction? What odds would you give me if I bet against you?
  10:1?
  100:1?
  Background:
  The BWRX predecessor, the ABWR, holds the record for the fastest construction time of a commercial nuclear power plant ever: just slightly over 3 years to first criticality, 4 years total to commercial operation.
  Fun fact: it was the success of this first Gen III reactor that caused EDF to predict the EPRs would also only take 3 years to build. Which proved...optimistic. For the EPR. But proven for the ABWR.
  <a href="https://en.wikipedia.org/wiki/Advanced_boiling_water_reactor" rel="nofollow">https://en.wikipedia.org/wiki/Advanced_boiling_water_reactor
  <a href="https://en.wikipedia.org/wiki/Kashiwazaki-Kariwa_Nuclear_Power_Plant" rel="nofollow">https://en.wikipedia.org/wiki/Kashiwazaki-Kariwa_Nuclear_Pow...
  <a href="https://hannahritchie.substack.com/p/nuclear-construction-time" rel="nofollow">https://hannahritchie.substack.com/p/nuclear-construction-ti...
  The BWRX is also passively safe: cooling occurs via natural circulation, no pumps needed.
  So if it takes 15 years I give you $100, if it takes less you give me $10000?
  Deal?
  1. guywithahat · 1790779535 · focus · HN ↗
    Sure but the ABWR was built in Japan, and the largest impediment to safe and profitable nuclear reactors is regulatory. The Trump admin have made substantial efforts to simplify the process to approve nuclear reactors however we have yet to see whether that's enough, or whether they'll be able to hit their 12-18 month licensing approval goals.
    mmooss · 1790785482 · focus · HN ↗
    > the largest impediment to safe and profitable nuclear reactors is regulatory
    I don't know any evidence of that. My understanding is that it's a highly complex technology, many components unavoidably take a long time to construct, and it may be fundamentally uneconomic.
    Has anyone, anywhere in the world profitably (subtracting subsidies) constructed one?
    mpweiher · 1790786577 · focus · HN ↗
    Yes. Most nuclear power plants are (highly) profitable and not subsidized.
    mmooss · 1790786902 · focus · HN ↗
    That's counter to everything I've read. Any evidence?
    guywithahat · 1790788176 · focus · HN ↗
    I'm not who you responded to but my recollection is that most reactors are decades old. The old ones do well. but the new ones are unprofitable/have issues. ABWR, for instance, is unprofitable.
    mmooss · 1790789625 · focus · HN ↗
    Thanks. Do you know if that that includes initial costs like construction - have they paid for themselves?

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