4 ms·
Not really. One of the things prohibiting the market is the Price-Anderson Act, which stipulates, irrespective of the sort of reactor (and since there have been
by chalkandpaste 8y ago
Not really. One of the things prohibiting the market is the Price-Anderson Act, which stipulates, irrespective of the sort of reactor (and since there have been newer and cheaper reactor designs) a level of insurrance that nuclear plants need. Effectively, this has made it impossible to enter the market with reactor designs that are smaller and safer and do not require the insurance proscribed by the act. I don’t personally know operational costs for these other sorts of reactors, but suffice it to say there are artificial limitations in place that skew this market.
- legulere 8y agoIt doesn't skew the market, it just prevents externalizing of costs.
- chalkandpaste 8y agoHow does it not (potentially) skew the market? If one such alternative plant had a higher operating efficiency and therefore lower cost, wouldn't the fact that there is a law preventing the lower cost from being reached skew the market? Am I missing something?