this post was submitted on 01 Jun 2024
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[T]he report's executive summary certainly gets to the heart of their findings.

"The rhetoric from small modular reactor (SMR) advocates is loud and persistent: This time will be different because the cost overruns and schedule delays that have plagued large reactor construction projects will not be repeated with the new designs," says the report. "But the few SMRs that have been built (or have been started) paint a different picture – one that looks startlingly similar to the past. Significant construction delays are still the norm and costs have continued to climb."

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[–] [email protected] 36 points 2 months ago (11 children)

From where I stand you couldn't be further from the reality of the situation.

Nuclear has a number of advantages from low carbon output per kilowatt over lifetime as well as being extremely cheap per kilowatt.

But the real advantage being overlooked is the small foot print and land use compared to other forms power generation. A nuclear reactor is ideal for high density population areas, adding no pollution like fossil fuels and using a fraction of the land that renewables require. And there is room for overlap between renewables and nuclear as well, meaning days where wind or solar would produce more power than usual, its easy to scale back solar production to take advantage of cheaper power, and vice versa for times when renewables aren't going to generate enough to meet demand nuclear can increase their output relatively quickly and effectively.

The future of nuclear is however one of the most important. We are eventually going to be spending humans to other planets, and having mature, efficient and compact forms of power generation with long lifetimes and minimal start up power from idle states is going to be important, solar gets less effective the further from the sun we get, you can't stick a wind turbine on a space craft and expect good results, and you're out of your mind if you want to burn fossil fuels in an oxygen limited environment.

Treating nuclear as more than a curiosity but rather as the genuine lifeline and corner stone of our futures and future generations is significantly more important than fossil fuel profits today and all their propaganda.

[–] [email protected] 40 points 2 months ago* (last edited 2 months ago) (3 children)

as well as being extremely cheap per kilowatt.

What? How? Far as i know it's the most expensive, with a lot of hidden costs.

[–] [email protected] 6 points 2 months ago (2 children)

When costs are level per kilowatt over lifetime Nuclear is cheaper thanks to economies of scale, it's only more expensive when plants are restricted by local authorities in how much they can produce in a given cycle so that other power generators in the energy sector can fill their contracts. When these artificial caps are removed and the plant is allowed to operate as intended and no kneecapped to allow coal and oil plants to operate at their peak effeciency rates, nuclear drops below .10USD. And thats using outdated equipment and maintaining the absurdly high safety standards saddled upon them despite being the safest form of power production bar none.

[–] [email protected] 31 points 2 months ago

When costs are level per kilowatt over lifetime Nuclear is cheaper thanks to economies of scale

Citation needed.

Vogtle added 2000 megawatts of capacity for $35 billion over the past 15 years. That's an up-front capital cost of $17,500 per watt. Even spread over a 75 year expected lifespan, we're talking about $233 per watt per year, of capital costs alone.

Maintenance and operation (and oh, by the way, nuclear is one of the most labor intensive forms of energy generation, so you'll have to look at 75 years of wage increases too) and interest and decommissioning will add to that.

So factoring everything in, estimates are that it will work out to be about $170/MWh, or $0.17 per kwh for generation (before accounting for transmission and reinvestment and profit for the for-profit operators). That's just not cost competitive with anything else on the market.

Economies of scale is basically the opposite of the problem that 21st century nuclear has encountered, which is why the current push is to smaller reactors, not bigger.

There's a place for extending nuclear power plant lifespans as long as they'll go. There's less of a place for building new nuclear.

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