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Nice! Always happy when my crazy theories are backed up by engineers actually working the problem :). Honestly, I think for the LWRs in the US, it's more of a
by lchengify 8y ago
Nice! Always happy when my crazy theories are backed up by engineers actually working the problem :).
Honestly, I think for the LWRs in the US, it's more of a financing and risk problem than anything. As I understand it, the two South Carolina LWRs failed mainly because the fracking boom created a glut in natural gas prices. Now no one is willing to make any bets on energy prices 20-years out [2]. Note that I'm not sure if these were Gen-II.
At least from a cost standpoint, building LWRs the way we used to is akin to Space Shuttle launches: Awesome idea 30 years ago, but they match the finance risk profiles of energy markets today.
Re: construction. Funny enough, there's actually a industry-wide skilled construction squeeze in the US right now [1]. After the '07 crash the number of new workers going into construction dropped precipitously. Now when we need skilled project managers there isn't enough to fill demand.
[1] https://www.usnews.com/news/the-report/articles/2018-06-15/the-us-construction-industry-is-booming-but-where-are-the-builders https://www.usnews.com/news/the-report/articles/2018-06-15/t...
[2] https://www.nytimes.com/2017/07/31/climate/nuclear-power-project-canceled-in-south-carolina.html?_r=1 https://www.nytimes.com/2017/07/31/climate/nuclear-power-pro...
- jacobush 8y agoSpace Shuttle launches, looked like an awesome idea 30 years ago but was really stupid already back then...