The people with money to invest in the energy sector don’t seem interested in nuclear. They’re looking at the history of cost and schedule overruns, and then putting their money in solar and wind. Regulators do seem willing to greenlight new nuclear projects, but nobody is buying.
If the public were to finance a nuclear power, we have to ask why there’s a good reason to do so when private investment is already rejecting it. There has to be some reason outside of cost effectiveness. One answer to that is recycling all the nuclear waste we already have.
Nuclear is not going to help that. It doesn’t synergize well with wind and solar. You want something that can scale up when wind and solar drop off. Nuclear only makes sense if you can run it at the same level all the time.
There is. Clouds come in, and all that cheap solar goes away. You want something else to ramp up. Clouds go away, solar is dumpling dirt cheap power to the grid, and those other things ramp down.
Batteries and other power storage exist though… just run nuclear to x% percentage and y exists in battery form to cover potential solar/wind/geothermal/tidal outages.
When you have batteries, you don’t need nuclear. You just need solar and wind.
Edit: I’ll also point out that there are other arguments from nuclear advocates (bad ones that don’t realize where we are in the tech development) saying storage solutions aren’t ready. Estoppel much?
What do you mean it doesnt scale up? It sure does. What do you think the control room operators are doing? Nukes turn water to steam and run that steam through turbines much like any other steam driven plant. Using control rods you can adjust the energy output of the plant. Could a single nuke cover a whole state covered in solar? Not likely. But neither can a single battery.
Need some smaller, shipping crate sized nuclear generators that can be rented. If smaller set ups end up helping with knowledge and new tech then awesome. If not, it’s still pretty fucking cool.
Specifically rate-payers at least in most places, and the cost for these projects is added to some sort of Global Adjustment applied on top of the KWh price. GA is usually capital projects like those, plus making sure the price is high enough to cover the cost of actually distributing the power. Sometimes electricity can be “free” or even in the negatives in the market for example especially at night, especially if you just commissioned nukes in preparation for something else being decommissioned and now have an overnight surplus that you’re trying to incentivize consumption of or give to your neighbors.
Tax payers subsidize the power plants, pay for the electricity and the corporation gets to keep the profits
This is one of the many reasons that I think nuclear plants should not be corporate owned
I think a lot of stuff that’s currently corporate owned shouldn’t be but that’s a conversation for another time
Edit: Should to shouldn’t
The people with money to invest in the energy sector don’t seem interested in nuclear. They’re looking at the history of cost and schedule overruns, and then putting their money in solar and wind. Regulators do seem willing to greenlight new nuclear projects, but nobody is buying.
If the public were to finance a nuclear power, we have to ask why there’s a good reason to do so when private investment is already rejecting it. There has to be some reason outside of cost effectiveness. One answer to that is recycling all the nuclear waste we already have.
That’s because private companies are incapable of large scale engineering. They want fast profits, not stable infrastructure.
Nuclear is not going to help that. It doesn’t synergize well with wind and solar. You want something that can scale up when wind and solar drop off. Nuclear only makes sense if you can run it at the same level all the time.
There’s no reason you can’t run it at the same level all the time?
There is. Clouds come in, and all that cheap solar goes away. You want something else to ramp up. Clouds go away, solar is dumpling dirt cheap power to the grid, and those other things ramp down.
Nuclear is not the solution to that.
Batteries and other power storage exist though… just run nuclear to x% percentage and y exists in battery form to cover potential solar/wind/geothermal/tidal outages.
When you have batteries, you don’t need nuclear. You just need solar and wind.
Edit: I’ll also point out that there are other arguments from nuclear advocates (bad ones that don’t realize where we are in the tech development) saying storage solutions aren’t ready. Estoppel much?
I can’t believe we’re about to hit 2024 and people are still saying this.
What do you mean it doesnt scale up? It sure does. What do you think the control room operators are doing? Nukes turn water to steam and run that steam through turbines much like any other steam driven plant. Using control rods you can adjust the energy output of the plant. Could a single nuke cover a whole state covered in solar? Not likely. But neither can a single battery.
Need some smaller, shipping crate sized nuclear generators that can be rented. If smaller set ups end up helping with knowledge and new tech then awesome. If not, it’s still pretty fucking cool.
TerraPower, backed by Bill Gates, has the same belief. The the first one to be built is already underway in Kemmerer, Wyoming.
Fuck yeah.
Yup I think a lot of this stuff should be nationalized and that the energy market should be used or simulated to determine the operation of it.
Specifically rate-payers at least in most places, and the cost for these projects is added to some sort of Global Adjustment applied on top of the KWh price. GA is usually capital projects like those, plus making sure the price is high enough to cover the cost of actually distributing the power. Sometimes electricity can be “free” or even in the negatives in the market for example especially at night, especially if you just commissioned nukes in preparation for something else being decommissioned and now have an overnight surplus that you’re trying to incentivize consumption of or give to your neighbors.