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1041 points mpweiher | 1 comments | | HN request time: 0.251s | source
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reenorap ◴[] No.45225348[source]
We need to drive down the costs of implementing nuclear energy. Most of it are fake costs due to regulation. I understand that regulation is needed but we also need nuclear energy, we have to find a streamlined way to get more plants up and running as soon as possible. I think they should all be government projects so that private companies can't complain that they're losing money and keep have to ratchet up the prices, like PG&E in California. My rates have doubled in a few years to over $0.40/kWh and up over $0.50/kWh after I go up a tier depending on usage.
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Retric ◴[] No.45226646[source]
> Most of it are fake costs due to regulation.

It’s really not, nuclear inherently requires extreme costs to operate. Compare costs vs coal which isn’t cost competitive these days. Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies. Nuclear must have a more complicated boiler setup with an extra coolant loop. You need shielding and equipment to move spent fuel and a spent fuel cooling pond. Insurance isn’t cheap when mistakes can cost hundreds of billions. Decommissioning could be a little cheaper with laxer standards, but it’s never going to be cheap. Etc etc.

Worse, all those capital costs mean you’re selling most of your output 24/7 at generally low wholesale spot prices unlike hydro, natural gas, or battery backed solar which can benefit from peak pricing.

That’s not regulations that’s just inherent requirements for the underlying technology. People talk about small modular reactors, but small modular reactors are only making heat they don’t actually drive costs down meaningfully. Similarly the vast majority of regulations come from lessons learned so yea they spend a lot of effort avoiding foreign materials falling into the spent fuel pool, but failing to do so can mean months of downtime and tens of millions in costs so there isn’t some opportunity to save money by avoiding that regulation.

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AnthonyMouse ◴[] No.45227890[source]
> Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies.

It's true that a pound of nuclear fuel costs more than a pound of coal. But it also has a million times more energy content, which is why fuel is only 15-20% of the operating costs compared to >60% for coal. And that's for legacy nuclear plants designed to use moderately high enrichment rates, not newer designs that can do without that.

> Nuclear must have a more complicated boiler setup with an extra coolant loop.

You're describing a heat exchanger and some pipes. If this is the thing that costs a billion dollars, you're making the argument that this is a regulatory cost problem.

> You need shielding and equipment to move spent fuel and a spent fuel cooling pond.

Shielding is concrete and lead and water. None of those are particularly expensive.

Equipment to move things is something you need at refueling intervals, i.e. more than a year apart. If this is both expensive and rarely used then why does each plant need its own instead of being something that comes on the truck with the new fuel and then goes back to be used at the next plant?

> Insurance isn’t cheap when mistakes can cost hundreds of billions.

This is the regulatory asymmetry again. When a hydroelectric dam messes up bad enough, the dam breaks and it can wipe out an entire city. When oil companies mess up, Deep Water Horizon and Exxon Valdez. When coal companies just operate in their ordinary manner as if this is fine, they leave behind a sea of environmental disaster sites that the government spends many billions of dollars in superfund money to clean up. That stuff costs as much in real life as nuclear disasters do in theory. And that's before we even consider climate change.

But then one of them is required to carry that amount of insurance when the others aren't. It should either be both or neither, right?

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virtue3 ◴[] No.45228128[source]
The problem with nuclear mistakes is they aren't a few decades. They can be measured in centuries.

So yeah. Regulation.

Don't build a damn LWR on a fault line (Fukushima) 3mile Island - don't have so many damn errors printing out that everything is ignore Chernobyl - we all know I think. It's still being worked on to contain it fully. Goiânia accident (brazil) - caesium-137 - Time magazine has identified the accident as one of the world's "worst nuclear disasters" and the International Atomic Energy Agency (IAEA) called it "one of the world's worst radiological incidents". (and this was just a radiation source, not a nuclear plant)

So yeah. Oil has bad disasters. Nuclear has EPIC disasters.

I think what is missing in your argument is not that these pieces are difficult. It's that combining all of them adds to a significant amount of complexity.

It's not JUST a heat exchanger. It's a heat exchanger that has to go through shielding. And it has to operate at much higher pressures than another type of power production facility would use. Which adds more complexity. And even greater need of safety.

I'm not arguing against Nuclear; I think it's incredibly worthwhile especially in the current age of AI eating up so much power in a constant use situation. But I do think it needs to be extremely regulated due to the risks of things going south.

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frotaur ◴[] No.45228329[source]
I agree Chernobyl was an epic disaster, but Fukushima ? Last I heard the radiation level are basically normal even close to the reactor, and overall radiation wide there hasn't been much damage if at all.

So it seems that fukushima is an example of something that should have been an EPIC accident, but actually was perfectly fine in the end. I may be wrong, but thats what I remembered from the wikipedia page.

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Reason077 ◴[] No.45228665[source]
The costs of cleaning up Fukushima, including the wider effects on the Japanese economy, are estimated to exceed US$200 billion. That makes it a pretty EPIC disaster in economic terms alone.

Even Chernobyl was not really that bad in terms of lives lost. Even taking the worst estimates of long-term deaths from radiation exposure, it killed a tiny fraction of the numbers of people who have died from hydroelectric disasters or from exposure to coal power plant pollution. But that doesn't mean it wasn't a catastrophic disaster for the regional (and wider Soviet) economy.

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foota ◴[] No.45229560[source]
How much of those wider costs are from them shutting off nuclear plants?
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1. peterfirefly ◴[] No.45230229[source]
and how much is from cleaning up things that weren't dirty in the first place?