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by alerighi
1392 days ago
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Nuclear energy may seem expensive, because it has a big initial cost to get started, and we tend not to factor the long term effects of what we do. What is the cost of using fossil fuels? What is the cost and the damage done by climate change? An amount of money that we can't even quantify. So sure, burning coal/oil/gas may be cheap now, but it has an enormous long term cost that we just now are starting to pay. |
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Sure, nuclear is CapEx heavy, with low OpEx. But storage and wind and solar have lower CapEx and OpEx. And they also scale much better, and are falling in cost, so when they need to be replaced, they will be replaced at even lower costs than their initial builds. And investing in the technology now only drives down future costs even more.
We have ~100 nuclear reactors in the US, and they are reaching their end of life. If we could start building 10 replacement reactors tomorrow, and we can't, because we don't have a design or the labor force or the supply chains or the EPC capability, we could maybe hold on to about 2% of future electricity in the US as nuclear. And those 10 reactors would take 10-15 years to complete, even if we had the proper economic requisites.
None of the advocates for nuclear seem to ever run the numbers on what it would take to actually build nuclear. They don't model the needs of the grid, they don't look at where nuclear has failed during construction and do a root cause analysis, they don't try to change specific regulations, they don't try to figure out what could actually make nuclear work in the US. Instead we get vague wishes and hand waving, and we are missing any of the hustle that would be required to actually make positive change in the world.
And I have a feeling that the reason for this lack of practical attention to detail, and this lack of this entrepreneurial hustle, if because when you start paying attention to details and the maze of action needed to get nuclear built, nuclear is not compelling compared to the alternatives.