EU court rules nuclear energy is clean energy

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.

> 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.

It really is. Nuclear is 100-1000x safer than coal. By insisting on such an aggressive safety target, we force prices up and actually incur much higher levels of mortality - just delivered in the boring old ways of pollution and climate-driven harms.

See https://ourworldindata.org/safest-sources-of-energy for detailed stats.

I think we should target “risk parity with Gas” until climate change is under control.

None of what I said really relates to safety. 3 mile island was a complete non issue when it comes to safety, but one day the nuclear reactor went from a useful tool to an expensive cleanup.

Agreed, you are talking about non-safety factors. I don’t think they necessitate the price levels we see; for example, look at how cheaply China can build reactors.

I think it’s quite clear that we pay a high safety / regulatory premium in the west for Nuclear.

My point about safety is that we are over-indexing on regulation. We should reduce (not remove!) regulations on nuclear projects, this would make them more affordable.

I don’t think this is a controversial point, if you look into post-mortems on why US projects overrun by billions you always see issues with last-minute adaptations requiring expensive re-certification of designs, ie purely regulatory (safety-motivated) friction.

The notable thing is that more or less China has kept ramping up solar and wind targets whereas nuclear has been much slower to grow. China's energy requirements are so large that this still represents an absolute number increase, but it's telling that even with as heavy handed an industrial policy's as China's that nuclear has not really lifted off.

> Authorities have steadily downgraded plans for nuclear to dominate China's energy generation. At present, the goal is 18 per cent of generation by 2060. China installed 1GW of nuclear last year, compared to 300GW of solar and wind, Mr Buckley said.

> https://www.abc.net.au/news/science/2024-07-16/chinas-renewa...

it would be unwise to put all of ones eggs in someone else's basket.

having as much wind solar and nuclear as possible will ensure humanity has a bright future. 18% seems like a good number. how much storage are they investing in?

> "They're installing 1GW per month of pumped hydro storage," Mr Buckley said.

Fun fact, pumped hydro was actually developed for nuclear originally in the 70s, since nuclear is a large source of power that is hard to ramp down during low demand periods. https://en.wikipedia.org/wiki/Ludington_Pumped_Storage_Power...

Err, https://en.wikipedia.org/wiki/Candlewood_Lake was completed in 1928 (for electrical demand regulation.) Much older than nuclear...

Which is kind of funny as they where storing energy from a hydroelectric power plant, so building a larger dam would have been way more energy efficient.