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by locallost
1167 days ago
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Cheap nuclear is an oxymoron. Germany dropped it and now the tax payers are hit with over 100 billion in nuclear waste disposal costs. The operators paid 23 billion to legally wash their hands of the mess [1]. The worst part even the green party accepted it because they feared the operators would simply declare bankruptcy since there was no way for them to handle it themselves. This on top of the hundreds of billions of subsidies that in the end didn't accomplish anything. But at least they are not in South Carolina where the consumers are still paying for the 9 billion wasted on VC Summer before they concluded "this project will never be in the black" and quit [2]. Nuclear's tagline since the beginning was "energy too cheap to meter" which turned out to be one of the biggest frauds in the history of mankind. [1] https://www.dw.com/en/german-government-does-nuclear-waste-d...
[2] https://theintercept.com/2019/02/06/south-caroline-green-new... |
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Even with pessimistic assumption of paying 5 billion $ per plant. If Germany had done what France did in the 70/80s they would be much better off now and for the next 100 years. And the cost per plant would be far lower once you start mass production.
If you actually did it right rather then incredibly stupidly, nuclear waste would be a resource for the future, and the idea of disposing it would be utterly ridiculous. Just as with all these idiotic disposal solution that governments like to waste money on. In typical fashion the anti nuclear people first create problems, demand that money is spend on them and then blame nuclear for those problems.
A sensible approach would be have a government fuel bank responsible for securing reserves of nuclear fuel, supplying and recycling nuclear fuel to the nations nuclear fleet. This fuel reserve centrally managed and it controls access to fuel for both commercial operates, research, ESA and so on.
Maintenance of spend fuel is not actually expensive and it places little burden on government to do, even if its for 100s of years. Its literally just a bunch of containers in a warehouse. And that could of course be supported by fees for rate payers.