3 ms·
In my recollection, most US plants are closing or have closed due to end of lifetime. Plants are reaching end of 50-60 year planned lifetimes. New plants are ha
by hermitdev 7y ago
In my recollection, most US plants are closing or have closed due to end of lifetime. Plants are reaching end of 50-60 year planned lifetimes. New plants are hard to build due to burdensome regulations, mostly nonsensical negative public sentiment and enormous capital requirements. I remember hearing that you have to upfront the cost of waste disposal in a trust. I don't have any citations handy, but you're looking at something like 10 billion upfront to build a new fission plant in the US. They also take a long time to build and start up, so you're lucky to see any revenue for at least 5 years on a multibillion investment. Not a very attractive investment, is it?
That said, I'm a fan of nuclear fission for power baseline. It has its warts, but it's better for us long term than coal or gas.