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> Re. French nuclear saving the day: When supply cannot meet demand, prices do not represent production costs. Building a nuclear plant takes about 5 years. I
by trashtester 4y ago
> Re. French nuclear saving the day:
When supply cannot meet demand, prices do not represent production costs.
Building a nuclear plant takes about 5 years. In situations with sufficient sense of urgency, construction speeds can be ramped up surprisingly quickly.
From 1940 to 1944 US federal spending went up about ninefold (while GDP almost doubled as a result)
The liberty ships were the most obvious example. Initially it took 230 days to build them (in 1941), in 1943 it took 39 days.
A more modern example is the number of cars built by Tesla each year. From 2013 to 2023, the number of cars built per year will have increased by a factor of about 100x.
Similar economies of scale are available for energy plants, if we choose to. For solar panels and batteries, we're already seeing this.
If the political will was there today to vastly expand the amount of nuclear power, we would be able to produce A LOT within 10-15 years.
The same goes for renewables, of course, as long as raw materials and technologies are available.