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I call BS on "a similar reversal is beginning in China" : "China is no stranger to nuclear power. The stated PRC goal is to raise domestic nuclear energy outpu

I call BS on "a similar reversal is beginning in China" : "China is no stranger to nuclear power. The stated PRC goal is to raise domestic nuclear energy output from 43 gigawatts (GW) to 300 GW by 2030." https://www.forbes.com/sites/arielcohen/2019/04/25/china-enters-global-tech-race-for-small-modular-nuclear-reactors/ https://www.forbes.com/sites/arielcohen/2019/04/25/china-ent...

toomuchtodo 7y ago
https://www.technologyreview.com/s/612564/chinas-losing-its-taste-for-nuclear-power-thats-bad-news/ https://www.technologyreview.com/s/612564/chinas-losing-its-... (China’s losing its taste for nuclear power. That’s bad news.) > Officially China still sees nuclear power as a must-have. But unofficially, the technology is on a death watch. Experts, including some with links to the government, see China’s nuclear sector succumbing to the same problems affecting the West: the technology is too expensive, and the public doesn’t want it. > The 2011 meltdown at Japan’s Fukushima Daiichi plant shocked Chinese officials and made a strong impression on many Chinese citizens. A government survey in August 2017 found that only 40% of the public supported nuclear power development. > The bigger problem is financial. Reactors built with extra safety features and more robust cooling systems to avoid a Fukushima-like disaster are expensive, while the costs of wind and solar power continue to plummet: they are now 20% cheaper than electricity from new nuclear plants in China, according to Bloomberg New Energy Finance. Moreover, high construction costs make nuclear a risky investment. China's electricity consumption growth is also rapidly slowing due to faltering economic growth.
AFascistWorld 7y ago
There are reactors that are under construction, and the prices per KW/h are generally higher than coal power.

toomuchtodo 7y ago

https://www.technologyreview.com/s/612564/chinas-losing-its-taste-for-nuclear-power-thats-bad-news/ https://www.technologyreview.com/s/612564/chinas-losing-its-... (China’s losing its taste for nuclear power. That’s bad news.) > Officially China still sees nuclear power as a must-have. But unofficially, the technology is on a death watch. Experts, including some with links to the government, see China’s nuclear sector succumbing to the same problems affecting the West: the technology is too expensive, and the public doesn’t want it. > The 2011 meltdown at Japan’s Fukushima Daiichi plant shocked Chinese officials and made a strong impression on many Chinese citizens. A government survey in August 2017 found that only 40% of the public supported nuclear power development. > The bigger problem is financial. Reactors built with extra safety features and more robust cooling systems to avoid a Fukushima-like disaster are expensive, while the costs of wind and solar power continue to plummet: they are now 20% cheaper than electricity from new nuclear plants in China, according to Bloomberg New Energy Finance. Moreover, high construction costs make nuclear a risky investment. China's electricity consumption growth is also rapidly slowing due to faltering economic growth.

AFascistWorld 7y ago

There are reactors that are under construction, and the prices per KW/h are generally higher than coal power.