5 ms·
Short answer? No: > Nuclear development is a long-term project, not a short-term fix to current energy insecurity. Long answer? Still no. Flamanville [1] took
by jmyeet 7mo ago
Short answer? No:
> Nuclear development is a long-term project, not a short-term fix to current energy insecurity.
Long answer? Still no. Flamanville [1] took 15 years (1o over estimate) and the cost was five times what was projected. Hinkley Point-C [2] is first projected to come online in 2030 (18 years after commencement) and the costs will at least double. Both are mentioned in the article.
The amortized cost of nuclear power makes it among the most expensive forms of electricity generation. And they take forever to build. Not a single nuclear power plants (of the ~700 built in the world) has been built without significant government contributions. And they won't get cheaper. SMR (also mentioned in the article) doesn't make sense. Nuclear plants are better when they're bigger. SMR is just another way of extracting money from the government for dead end research.
Europe as a whole has a history of colonialism. This is the basic for European social democracies: offshorting their problems and costs onto the Global South. They've taken the same approach with energy. In the 2010s, Europe outsourced its energy security to Russia and that has had obvious conseequences for Ukraine.
This was actually an incredibly rare W for the first Trump administration: in 2018 the administration warned Europe of the dangers of Russian gas and badgered Germany into building an LNG port with the Trump-Juncker agreement [3]. This was both correct and fortuitous after Europe suddenly needed to import a lot of LNG from 2022.
Europe also outsources its security to the United States and that's partly why they're in this mess now. Europe is suffering for providing material aid to a war of choice in Iran that they didn't consent to or otherwise want. The article mentions the issue of finding money for defence spending to meet US demands. That's money primarily for US defense contractors. You think that might be an issue?
Renewables, particularly wind and solar, are the path forward. As is divorcing itself from being a US vassal state.
A lot of Europe's policies come down to the failed austerity policies after 2008. Taxing wealth and barring profit shifting to low-tax jurisdictions is the path forward here, not strangling ever-decreasing social safety nets. Austerity is corporate welfare for banks.
[1]: https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plant https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan...
[2]: https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_station https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_...
[3]: https://www.csis.org/analysis/us-lng-europe-after-trump-juncker-agreement https://www.csis.org/analysis/us-lng-europe-after-trump-junc...
- unethical_ban 7mo agoNot arguing that solar+wind are more and more viable and economical. But there's a weird juxtaposition here: You criticize the fact that nuclear power must be subsidized to be accomplished, but support strong social safety nets. To me, relative energy independence is a core societal goal and nuclear is a hell of a lot better than coal or oil or NG. It still requires fissile material, though.
- dotcoma 7mo agoIt requires 15 years from plan to energy being produced, at best. We don’t have all that time.
- serial_dev 7mo agoThe best time to plant a tree was 15 years ago. The second best time is now.
- jemmyw 7mo agoAlthough I'm not a huge proponent of nuclear power over renewables, I'm not sure the overruns in those projects are a good argument. These projects become hard to cost and understand up front because so few are built. If the UK built 10 then the costs would come down and the knowledge and experience would grow.
- jacquesm 7mo agoThat's the problem: the cost doesn't really go down. You can only operate nuclear if you guarantee the prices a decade ahead. That's just not realistic and the end result is that you'll end up subsidizing ever KWh produced and then you still have to factor in decommissioning costs. Nuclear is fantastic technology, but we can do so much better.