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by yholio 1599 days ago
Nuclear had roughly 60 years to deliver clean, cheap and reliable energy. If it did all that, no amount of green lobby could have derailed it. Unfortunately, and I feel that deeply as an engineer, it did not achieve those goals.

What we have currently have are slightly evolved designs over those of the 60s, which are fantastically expensive, take up to a decade to build and three more decades to recover investment, and present a large economic failure risk - see the Nukegate fiasco. No sane financial investor wants to approach nuclear, no one wants to insure it, so the only ones willing to eat the risk are states.

Yes, we had a window in the last 20 years to reinvent fission, have new, secure and cheap reactors which cannot proliferate, are passively safe and fast to deploy. The industry and regulators remained paralyzed, structurally risk averse. That window has now closed.

Renewables are cheaper then nuclear, fast to come online and have very low risk. Storage is quickly dropping in price. Together, storage and renewables, coupled with a smart grid, will be able to cover more and more of the demand and require fossils to be fired less and less. It does not matter if you go fosil for a whole week in a year where there is no sun, wind or rain, that's still only 2% of the production and you can use very expensive mitigations like CCS, as long as you have cheap renewables in the rest of the time.

3 comments

I don't know where you're from, but in France, we did it.

Electricity was, and is still, rather clean, and cheap, and reliable, thanks to nuclear (see https://app.electricitymap.org/zone/FR ).

And the most striking example of that is how terrifying the rise of cost of electricty is coming ahead for consumers and enterprises, mainly because of other energy sources, rather than because of nuclear itself.

Renewables are all nice and thanks (and definitely to grow and improve), but they cannot, from a long way, deliver the sheer and stable massive amount of base energy that nuclear can.

Without monstruously large storage capacities that we don't have today, cutting ourselves from nuclear is a civilisational collapse guarantee.

Government subsidized.

> In 2010, as part of the progressive liberalisation of the energy market under EU directives, France agreed the Accès régulé à l'électricité nucléaire historique (ARENH) regulations that allowed third party suppliers access up to about a quarter of France's pre-2011 nuclear generation capacity, at a fixed price of €42/MWh from 1 July 2011 until 31 December 2025.[47][48][49]

> As of 2015, France's household electricity price, excluding taxation, is the 12th cheapest amongst the 28 member European Union and the second-cheapest to industrial consumers.[50] The actual cost of generating electricity by nuclear power is not published by EDF or the French government but is estimated to be between €59/MWh and €83/MWh.[51]

https://en.wikipedia.org/wiki/Nuclear_power_in_France#Manage...

https://www.iea.org/reports/projected-costs-of-generating-el... (International Energy Agency):

> Nuclear thus remains the dispatchable low-carbon technology with the lowest expected costs in 2025. Only large hydro reservoirs can provide a similar contribution at comparable costs but remain highly dependent on the natural endowments of individual countries. Compared to fossil fuel-based generation, nuclear plants are expected to be more affordable than coal-fired plants. While gas-based combined-cycle gas turbines (CCGTs) are competitive in some regions, their LCOE very much depend on the prices for natural gas and carbon emissions in individual regions. Electricity produced from nuclear long-term operation (LTO) by lifetime extension is highly competitive and remains not only the least cost option for low-carbon generation - when compared to building new power plants - but for all power generation across the board.

As for the "government subsidized", I don't see that a particular problematic issue, but that may be just me (a quite a few fellow French people) - that's my taxes at work.

Sure, when you disregard the initial investment cost and only look at the marginal nuclear is among the cheapest. Although still being undercut by new investments in renewables nowadays.

That is the issue at hand, building new nuclear is not only marginal cost, it is mostly fixed costs and a unfathomable initial investment.

The question is rather: how do you expect to get rid of nuclear energy production in the coming century AND reduce CO2 emissions AND not get energy blackouts and prices soaring to unimaginable levels?
France did it
"so the only ones willing to eat the risk are states."

Sure, if you can cook the accounting books to pay for a military nuclear industry, and also get a civil sector that has no need to pay for capital, insurance and cleanup. I doubt it's a scalable model, and France had its own share of fuckups and close calls.

In the UK, every single time there's been a proposal for a reactor, there are local protests, and CND/Greenpeace turn up en masse. There's been no opportunity to deliver 'cheap' energy in terms of up-front cost, because there are so many artificial hoops to jump through - legislation, planning, and so on.

As for clean and reliable. No CO2 right? And the nuclear power stations in the UK pretty much have run continuously since they were switched on, so I'm not sure what 'reliable' means here.