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To quote the first link (note: it's from 2014): --- start quote --- Most nuclear power plants incurred time overruns, due to both engineering issues and public opposition. Considering the long development times of such plants and the large amount of capital required, these time overruns likely caused large increases in interest charges and contributed significantly to the large levels of overruns seen [29]. Moreover, as Table 3 indicates, the most severe cost overruns for nuclear power were confined to the United States and the 1980s, it is likely that they were significantly influenced by the nuclear power accidents at Three Mile Island and Chernobyl. These accidents resulted in “regulatory ratcheting” where safety requirements were significantly altered in the middle of construction periods, with meaningful impacts on equipment needs,
construction designs, labor, and materials. --- end quote --- After nearly 30 years of FUD and underinvestment I'm not surprised these projects now take longer. There's regulatory capture, political issues etc. It's possible that they now require safety levels way beyond any reason (Fukushima, commissioned in 1971, and hit by an earthquake and a tsunami at or exceding its safety baseline resulted in 1 death directly attributable to the accident). Unfortunately, there are very few good-faith discussions around nuclear power, it's always emotionaly charged and manipulative. That's why you end up in situations like Germany: https://twitter.com/energybants/status/1647799729734971396 |
But we have to live in the real world, and here in the real world we need to build an enormous amount of low-carbon power generation in a ridiculously short amount of time. And right now nuclear prices are not comparable to wind/solar prices as we actually build nuclear today. This holds even when you apply the most generous assumptions when comparing them. And non-nuclear renewables are getting cheaper every day, something that just isn't happening to nuclear.
So fine, build some nuclear around the edges. Baseload is great! But people need to recognize that short of a political and technological revolution of which there is currently no sign whatsoever, solar/wind/storage are going to form the bulk of a decarbonized grid. So let's please get on with making that happen quickly, because every month we burn fossil fuels brings more future devastation.