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As an engineer working on expensive and safety-sensitive systems, I really have to disagree with everyone claiming (without evidence) that the high cost of nucl
by jarrett 14y ago
As an engineer working on expensive and safety-sensitive systems, I really have to disagree with everyone claiming (without evidence) that the high cost of nuclear power stems largely from over-regulation.
My experience has been that good engineers genuinely care about building things safely. And we burn through a lot of money doing so.
Every mark on every blueprint gets checked and rechecked by multiple, well-paid engineers. We go through elaborate and time-consuming testing procedures. Multiple layers of redundancy are built in.
All of this costs. And the greater the danger, the more of this kind of stuff we have to do. Nuclear accidents are black swan events. Though unlikely, their impact can be huge. So for nuclear power, the engineering requirements are extreme. This is as it should be.
If nuclear power were deregulated, the industry would still have to spend boatloads to provide adequate safety. And if the industry instead cut corners, they'd eventually get bit by another disaster, and the business would once again stagnate.
This, by the way, is coming from a guy who doesn't work in the nuclear power industry. I'm just extrapolating from my experience with safety-sensitive engineering.
- jfoutz 14y agoThe author is in a tough spot. Nobody is really really sure a free market system can actually build black swan proof things. If your competition can be slightly less safe and therefore charge less money that solution will find its way into production. You know, perhaps more than anyone else in the thread, that we can increase reliability a bunch of ways, but they're all expensive. It's easier, from a libertarian point of view, to sidestep the issue. So, the author says this problem is irrelevant in the real world, cause nukes aren't feasible.