Hacker News new | ask | show | jobs
by tim333 2606 days ago
Yeah there was greed and corruption but as the article says other countries have stopped too:

>A similar reversal is beginning in China, until recently seen as nuclear energy’s biggest champion. There, as in South Korea, Fukushima awakened public fears and forced the government to adopt tougher safety standards, which now threaten to push the cost of nuclear power out of reach. Of the world’s other major producers of nuclear power, only Russia is still aggressively building more reactors...

I hope renewables and batteries play out.

2 comments

I call BS on "a similar reversal is beginning in China" :

"China is no stranger to nuclear power. The stated PRC goal is to raise domestic nuclear energy output from 43 gigawatts (GW) to 300 GW by 2030." https://www.forbes.com/sites/arielcohen/2019/04/25/china-ent...

https://www.technologyreview.com/s/612564/chinas-losing-its-... (China’s losing its taste for nuclear power. That’s bad news.)

> Officially China still sees nuclear power as a must-have. But unofficially, the technology is on a death watch. Experts, including some with links to the government, see China’s nuclear sector succumbing to the same problems affecting the West: the technology is too expensive, and the public doesn’t want it.

> The 2011 meltdown at Japan’s Fukushima Daiichi plant shocked Chinese officials and made a strong impression on many Chinese citizens. A government survey in August 2017 found that only 40% of the public supported nuclear power development.

> The bigger problem is financial. Reactors built with extra safety features and more robust cooling systems to avoid a Fukushima-like disaster are expensive, while the costs of wind and solar power continue to plummet: they are now 20% cheaper than electricity from new nuclear plants in China, according to Bloomberg New Energy Finance. Moreover, high construction costs make nuclear a risky investment.

China's electricity consumption growth is also rapidly slowing due to faltering economic growth.

There are reactors that are under construction, and the prices per KW/h are generally higher than coal power.
Is India still working on Thorium Reactor? I wonder if we'll have any major development coming from there in near time.
It seems to be planned but a fair way in the future. https://www.powermag.com/indian-designed-nuclear-reactor-bre...