|
|
|
|
|
by thephyber
3246 days ago
|
|
> Actually it is NOT cheap to operate a nuclear power plant after it is built I would argue that the innovations in rival energy sources have made it comparatively expensive, but the cost was largely established when the plant was built (likely in the 1960s - 1970s). In other words, it was cheap, but the fact that nuclear requires such a massive outlay to build the facility means that nuclear is a very long term financial gamble and assumes that a variety of other energy sources don't fundamentally change their cost curve (like oil and natural gas did in recent decades). |
|
As is, these plants are barely profitable, imagine they'd be forced to set funds aside for clean-up operations in case something goes really wrong, talking about real funds here that would make an actual difference and not some token amount. They don't do that because they know it would totally ruin their bottom line but by any metric they should be doing exactly that because it would be their mess that needs to be cleaned up when something goes wrong.
These costs are very real and in the case of catastrophic failure can be so high that even major economies are struggling to pay them (like Japan has been).
And it's not like we have any good ways to hold anybody responsible when something actually goes wrong. The responsible company can just declare bankruptcy and have somebody else deal with the costs and long-term ramifications of the clean-up efforts aka the tax payer.