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by jamesrom
1420 days ago
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> Construction time - average is 10 years, we don’t have that long to wait. This is a fallacy in two ways: 1. Scaling up nuclear projects will decrease construction time and cost. Efficiencies are found by with scale. 2. The opportunity cost of not starting nuclear projects now will surely be worse than attempting 100% renewables. The point is that we can invest in both. |
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> This is a fallacy in two ways:
> 1. Scaling up nuclear projects will decrease construction time and cost. Efficiencies are found by with scale.
More than half of a nuclear plant is essentially the same as any large scale power plant (goal, gas...). The opportunity for reducing cost through economies of scales is low. Economies of scales work for things build in factories, much less so for construction projects. That is true in general, not just for power plants.
> 2. The opportunity cost of not starting nuclear projects now will surely be worse than attempting 100% renewables. The point is that we can invest in both.
Why? It's the other way around, the actual cost of building nuclear instead of much cheaper and faster renewables causes an opportunity cost, because we can replace fossil fuels much faster building up renewables.