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by lazide
1709 days ago
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On a ‘basic capacity price’ type basis, nuclear is dirt cheap. When you throw in endless political tarpits and their side effects (like having no economies of scale at all despite the clear opportunity for them) then yes, it is very expensive. shrug Most nuclear projects outside of China basically turned into exercises in endless planning churn and endless delays for no rational reason to appease anti-progress political factions long ago. For an example of a similar money pit/tarpit playing out in a similar way, check out “High Speed”
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https://en.wikipedia.org/wiki/EPR_(nuclear_reactor)
You can make the case that regulation inflates the cost of nuclear power plants, and that's somewhat true, but the deep problem is the cost of the steam turbine and other facilities (e.g. heat exchangers) to accept energy at the low temperatures that the LWR works at.
All of that is so big and expensive it would be hard to make the economics work even if you got the heat for free.
A liquid metal fast reactor or a molten salt reactor or a high temperature gas cooled reactor could power a closed-cycle gas turbine
https://www.osti.gov/servlets/purl/1221819
which would fit in the employee break room of the turbine house at a nuclear plant. Such a "fourth-generation" nuclear power plant might have compelling economics to build, but it's hard to believe anybody is going to start and finish an LWR outside of China.
It's little appreciated that the cost of the steam turbine is what killed coal circa 1980. Once GE adapted aerospace turbines for low-capital cost power plants on the ground, it made no sense to build more thermal coal plants.
In the late 1970s you see various attempts to save the coal industry, plausibly you could have gotten better capital costs pyrolyzing the coal and running the gas through a gas turbine. This kind of technology is making a comeback because it can be coupled with carbon storage to make CO2 free or CO2 negative energy.