| >France's general budget received tens of billions in dividends from EDF in recent years, would you say EDF saved as much for the taxpayer? Of course, my point is only that it's true to say that EDF sold the power too cheaply, otherwise they would have been profitable and debt-free. The question that has to be answered is whether nuclear can provide power at a competitive price once all the costs are counted. Currently all the costs are not counted, and we keep discovering that the costs are way higher than any estimates have previously shown. >> Which decommissioned reactor are you thinking of?
>maine Yankee, for instance. Yankee costs 10 million USD per year still to this day with no end in sight. https://www.bangordailynews.com/2021/07/19/news/midcoast/arm... "Securing these remnants of nuclear energy generation is an ongoing task that requires armed guards around the clock and costs Maine Yankee’s owners some $10 million per year, which is being paid for with money from the government." This means that every year, at least 10 million USD has to retroactively be added to the actual cost of electricity generated by that plant. Then some day the spent fuel has to be moved, and the current container structure has to be dismantled. Why doesn't that count as being part of the decommissioning costs? To say that nobody knows what it actually costs is quite fair IMO. |
They have been profitable for decades.
As for the debt, part of the debt is logical for such a group to have (i.e. amortizing the expense that was or is being made to extend the plants' lifetime).
Part of it is due to being required by the government to make bad decisions (e.g. buying and recapitalizing Areva, giving 8 billions worth of electricity to their competitors this winter, ...). This debt is unrelated to EDF's operations.
> Yankee costs 10 million USD per year still to this day with no end in sight.
That is related to long term storage, not dismantling. There's no reason for that to cost billions in France, where a storage site is on the rails.
> Why doesn't that count as being part of the decommissioning costs?
Decomissioning a plant has two parts: dismantling, which is a one-time cost, and long-term storage, which is an ongoing cost. The specific issue with the US govt. is that, when the plants were being built, it guaranted that a storage solution would be built, but didn't deliver. That's why the government currently pays for storage. There is no technical reason for this to happen.
> This means that every year, at least 10 million USD has to retroactively be added to the actual cost of electricity generated by that plant. [...] To say that nobody knows what it actually costs is quite fair IMO
By that same logic, it's impossible to know the cost of anything. Maybe future politicians will force people to recycle their solar panels at outrageous cost?
The only logical decision is to separate the cost of decomissioning (dismantling, a reasonable duration of dry-cask storage and the cost of a long-term storage site) and the cost of political decisions.