3 ms·
Energy capex is fungible, and nuclear energy is the most expensive. It is also carries the highest risk of cost overruns and underestimation of decommissioning
by Zigurd 3y ago
Energy capex is fungible, and nuclear energy is the most expensive. It is also carries the highest risk of cost overruns and underestimation of decommissioning costs.
Why spend a penny on fission nuclear when renewables are cheaper, have shorter lead times by decades, and are vastly less financially risky?
- enqk 3y agoDemand too much minerals including, because they’re so much more diffuse metals like copper High soil occupancy in competition with food crops and human activities Cannot provide guaranteed baseline of supply without storage (more minerals)
- Zigurd 3y agoPerhaps the Chernobyl exclusion zone could be covered with photovoltaic panels.
- holbrad 3y agoI always find the framing of these discussions very sad. Nuclear doesn't have to be expensive, there are many historic examples of safe reactors built for very reasonable costs. (French and earlier American reactors especially.) Unfortunately there seems to be zero appetite to discuss let alone fix the killing of nuclear power though an absolutely crazy regulatory framework.
- Zigurd 3y agoThe French underestimated their decommissioning costs by a large factor. They will spend decades paying that down with no power being generated from the plants they are closing down.