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Just repeating "building nuclear is much cheaper" doesn't make it so. Nuclear is safe. It has some very admirable technical qualities. But it's difficult to fin
by philipkglass 8y ago
Just repeating "building nuclear is much cheaper" doesn't make it so. Nuclear is safe. It has some very admirable technical qualities. But it's difficult to find examples of reactors built quickly and at low cost any more[1]. South Korean reactors built in South Korea seem to be the last good example.
South Korean reactors in UAE are behind schedule. China takes 6 years to build reactors in China and their costs aren't very transparent due to opaque government and censored press. Russia takes even longer to build reactors in Russia and abroad. India takes a decade+ to finish a reactor. France can't build their new reactors swiftly or affordably, either in Finland or in France. We all know how Westinghouse's AP1000 has fared in South Carolina, Georgia, and China.
Ontario experienced drastic cost overruns building the Darlington reactors in the first place and rejected new Darlington reactors a decade ago because the projected costs were too high.
The Ontario government put its nuclear power plans on hold last month because the bid from Atomic Energy of Canada Ltd., the only "compliant" one received, was more than three times higher than what the province expected to pay, the Star has learned.
Sources close to the bidding, one involved directly in one of the bids, said that adding two next-generation Candu reactors at Darlington generating station would have cost around $26 billion.
https://www.thestar.com/business/2009/07/14/26b_cost_killed_nuclear_bid.html https://www.thestar.com/business/2009/07/14/26b_cost_killed_...
I have some hopes that small modular reactors will eventually break out of the rut of disappointment that recent Western reactor projects have furrowed. I'm not trusting anybody's cost/schedule estimates until some SMR projects are actually in commercial operation.
Finally, if NIMBY is a legitimate obstacle to renewable projects, it's also a legitimate obstacle to nuclear projects. (I think that NIMBY is not a good reason to block either renewable facilities or nuclear plants, but I'm not King of Earth.)
[1] You might think that requiring swift completion on top of affordability is excessive, but my view is that Western projects that aren't fast will become expensive as well. Even projects that never get within earshot of the NRC, like building transmission lines or refurbishing bridges, are very predictably expensive if they stretch beyond 5 years.