[HN Gopher] First planned small nuclear reactor plant in the US ...
       ___________________________________________________________________
        
       First planned small nuclear reactor plant in the US has been
       canceled
        
       Author : deverton
       Score  : 139 points
       Date   : 2023-11-09 00:02 UTC (22 hours ago)
        
 (HTM) web link (arstechnica.com)
 (TXT) w3m dump (arstechnica.com)
        
       | scythe wrote:
       | >With the price of renewables dropping precipitously, however,
       | the project's economics have worsened, and backers started
       | pulling out of the project.
       | 
       | I would expect this to continue limiting investment in nuclear,
       | since the outlook for renewables just keeps getting better, and
       | the stumbling blocks are increasingly jejune, like we can't build
       | powerlines fast enough.
        
         | monero-xmr wrote:
         | I am still very confused how power will be generated cleanly on
         | cloudy, no-wind days with solar and wind. I am hopeful that
         | hydrogen can be generated in the desert and moved by hydrogen-
         | truck. Or grid-scale batteries actually exist someday. But if
         | we write off nuclear, a lot of coal and natural gas will be
         | burned.
        
           | bradbot wrote:
           | Is it possible to transport wind / solar energy across the
           | country via high powered transmission lines?
        
             | monero-xmr wrote:
             | No, because of physics you lose more power the longer
             | distance it travels. It is also very expensive and
             | difficult to build a network that can move power great
             | distances to where it's needed given how dense the areas
             | that need it are (major cities).
        
               | bobthepanda wrote:
               | You can certainly get it to places closer, then shift
               | those areas' power to farther away places, etc.
               | 
               | China has a large network of HVDC lines. Unfortunately,
               | due to how the Chinese power market works, they're mostly
               | underutilized, even in times of high power stress.
        
             | threeseed wrote:
             | Sun Cable, formerly known as PowerLink, is an ambitious
             | idea that involves sending solar power via an undersea
             | cable 4,200 kilometers (2,610 miles) from Darwin,
             | Australia, to Singapore.
             | 
             | https://en.wikipedia.org/wiki/Australia-Asia_Power_Link
        
             | cesarb wrote:
             | Yes, and it's already done today; for instance, in Brazil
             | these high power transmission lines transport wind power
             | from the northeast region (which has lots of wind due to
             | favorable geography) to the southeast region (where most of
             | the electricity consumption is). The total distance is on
             | the order of 2000 km.
             | 
             | (A fun fact: many of these high power transmission lines
             | were originally to send power from the hydroelectric power
             | plants in the southeast region to the water-starved
             | northeast region. With the rapid expansion of wind power in
             | the northeast region, the usual direction of the flow has
             | reversed, and it's not uncommon for that wind power to
             | provide over a quarter of the power for the whole country.)
        
               | monero-xmr wrote:
               | Genuinely curious - why is wind power being cancelled in
               | the North East because it isn't cost competitive, if it's
               | so easy to do?
               | 
               | https://apnews.com/article/offshore-wind-orsted-
               | cancellation...
        
               | kragen wrote:
               | you're confusing the northeast of brazil, which is what
               | cesar was talking about, with the northeast of the usa
               | 
               | these are not just in different countries but in vastly
               | different climates in different hemispheres
               | 
               | the exact page you linked in your comment literally
               | answers your question: 'due to problems with supply
               | chains, higher interest rates and a failure to obtain the
               | amount of tax credits the company wanted. ... High
               | inflation, supply chain disruptions and the rising cost
               | of capital and building materials are making projects
               | more expensive while developers are trying to get the
               | first large U.S. offshore wind farms opened.'
               | 
               | maybe you should have read it
               | 
               | please don't post random bullshit without respect to
               | whether it's true or not
        
               | monero-xmr wrote:
               | It's strange because wind is supposedly overwhelmingly
               | cheaper and better, yet even with tons of government
               | subsidies and political will behind it, it still can't be
               | built. Wouldn't something truly more cost effective be
               | easy to build because it's cheaper? Clearly something
               | doesn't add up.
        
               | cesarb wrote:
               | > It's strange because wind is supposedly overwhelmingly
               | cheaper and better
               | 
               | There's two kinds of wind power: onshore and offshore.
               | Their costs are different, with onshore being cheaper.
               | The ones in Brazil are all onshore, while the one in the
               | article you linked to is offshore. In the USA, offshore
               | is even more complicated because of the Jones Act (it
               | needs specialized ships to transport and erect the
               | structures, while onshore needs only common cranes).
        
               | kragen wrote:
               | obviously enough, numerous projects that are profitable
               | when you can finance them at 1% become unprofitable when
               | you have to finance them at 6%, particularly when you're
               | competing with incumbent assets financed at 1%
               | 
               | https://fred.stlouisfed.org/series/FEDFUNDS
               | 
               | feb 02022, 0.08% interest. since august, 5.33%
               | 
               | nothing is easy to build in the usa; it's halfway to
               | being zimbabwe
        
               | nimeni wrote:
               | Because the Jones Act of 1920 prevents use of the
               | existing European installation ships so they have to
               | start from scratch in uncompetitive American shipyards.
               | 
               | https://spectrumlocalnews.com/nc/charlotte/news/2023/04/0
               | 3/t...
               | 
               | https://www.cato.org/policy-analysis/rust-buckets-how-
               | jones-...
        
               | kragen wrote:
               | this is just one of many factors, and one that was
               | understood by oersted when they originally started the
               | project; the article mentions others that are more
               | relevant
               | 
               | in particular, you should expect to see many, many
               | cancelled projects across the entire economy with the
               | interest rate hikes the usa put in place
               | 
               | obviously none of this is relevant to brazil
        
               | mrguyorama wrote:
               | There are mild externalities assumed and feared about
               | offshore wind, despite it being pretty good in a
               | multitude of ways. States are playing a dumb game,
               | because we would be better off if there was lots of
               | offshore wind, but each state individually is better off
               | having offshore wind SOMEWHERE ELSE.
               | 
               | For example, here in maine, our premier engineering
               | school has spent two decades now being a premier wind
               | energy investment and research institution, and we have
               | minted hundreds and hundreds of trained people into the
               | field, yet our Democrat governor still decided to sign a
               | bill that bans offshore wind, something that Orono has
               | explicitly invested into for years.
               | 
               | Our state desperately needs new generation to bring power
               | costs down, but there's no real incentive for anyone to
               | do so (why build new supply to bring down your own
               | revenue?) and apparently the state government has zero
               | interest to help itself there.
        
             | iamthemonster wrote:
             | Ignore the sibling comment, it is definitely possible,
             | typically via HVDC transmission. With 3% losses per 1000km,
             | HVDC transmission of variable renewable energy is
             | absolutely part of our future energy systems.
             | 
             | Wind is especially well suited to this - to a certain
             | extent it's always windy SOMEWHERE whereas with solar you
             | ain't generating any at night, no matter what.
        
               | cesarb wrote:
               | > whereas with solar you ain't generating any at night,
               | no matter what.
               | 
               | Nitpicking: that's only the case for photovoltaics. Solar
               | thermal can store the heat for a while, and keep
               | generating even after the sun goes down.
        
               | kragen wrote:
               | solar thermal is dead tho
               | 
               | just like other thermal power plants, it's too expensive
               | to compete with pv and wind
        
           | NikkiA wrote:
           | It's never 'not windy' everywhere, plus gravity batteries can
           | store power for days/weeks.
           | 
           | Geothermal is also an 'always on' renewable.
        
             | monero-xmr wrote:
             | If it was this easy, gravity batteries and geothermal would
             | be everywhere and widely used, but they remain niche.
        
               | voisin wrote:
               | Because there are currently cheaper options. Those are
               | last mile, high hanging fruit solutions.
        
               | kragen wrote:
               | gravity batteries and geothermal are too expensive to be
               | competitive, except in the niches of pumped hydro,
               | district heating, very polar regions, and stranded assets
               | from before pv and wind got so cheap
        
             | angiosperm wrote:
             | Incidentally, the only viable gravity batteries known today
             | are pumped hydro reservoirs. On the up side, they only need
             | a hill. On the down side, they need a hill.
             | 
             | (Gravity Vault, BTW, is 100% scam.)
             | 
             | Suspending weights from ocean platforms (e.g. scrapped
             | supertankers), for flat places with deep sea nearby, should
             | be a viable alternative, but it has not been done yet. Deep
             | cave systems are another, either draining water into them
             | or (for those below the water table) pumping air in. There
             | are a _lot_ of deep caves.
        
           | pixl97 wrote:
           | Deserts don't tend to have much water, so where do you expect
           | to get the hydrogen from? Getting water to the desert takes a
           | pile of energy as it is, and typically once it gets there
           | people want to turn it into plants.
        
             | kragen wrote:
             | you can use the hydrogen an arbitrarily large number of
             | times once you get it there, and the amount of water needed
             | is so small that this is not a major part of the cost of a
             | grid-scale storage system system even if you have to truck
             | it in, which you don't because even deserts have
             | groundwater
             | 
             | please do the math instead of posting random bullshit
             | without respect to whether it's true or not
             | 
             | specifically hydrogen is 142 MJ/kg
             | https://en.m.wikipedia.org/wiki/Energy_density and is 1/9
             | of water by mass, so each kg of water you drill, truck in,
             | or collect from cisterns can store 15.8 MJ as hydrogen. a
             | square meter of 21% efficient pv panel produces 210 watts
             | nameplate, or 52 watts derating for the 25% capacity factor
             | typical for deserts. that is 4.5 MJ per day. the water
             | needed to store the panel's daily production weighs much
             | less than the panel itself and is therefore much cheaper to
             | truck in
             | 
             | obviously it would be stupid to truck it back out again
             | unless you decided to do your grid-scale storage somewhere
             | else
        
             | angiosperm wrote:
             | Deserts all have way more humidity than you could ever need
             | for your hydrogen production. Extracting hydrogen from
             | atmospheric water vapor is a win because it is cleaner than
             | ground water, and has already been vaporized.
        
           | cesarb wrote:
           | > I am still very confused how power will be generated
           | cleanly on cloudy, no-wind days with solar and wind.
           | 
           | You are making it harder by adding that "cleanly"
           | requirement, because the simple answer is going to be
           | "natural gas". Unlike coal or nuclear, natural gas power
           | plants are fast to start and stop (hydroelectric is even
           | faster, but depends on favorable geography), so they can be
           | left powered down (using no fuel) until they're necessary;
           | and both overbuilding wind and solar, and spreading them over
           | a wider area, can reduce the amount of time where that
           | natural gas (or hydroelectric) backup is necessary.
           | 
           | By requiring a perfect solution (100% clean), you are
           | excluding the 90% solution which is already possible, and
           | which can be incrementally enhanced to get closer and closer
           | to that 100% goal (by adding more wind and solar, by
           | strengthening the interconnections so the generation is
           | spread over a wider area, by sprinkling a bit of storage like
           | batteries or reversible hydroelectric, and even by
           | dynamically reducing consumption when there's a generation
           | shortage).
        
             | bobthepanda wrote:
             | Reversible hydro is actually pretty possible in much of the
             | world, particularly the US, because all you need is
             | something bowl-shaped at a high elevation. Pumped hydro for
             | the most part needs storage measured in hours or days, and
             | something like the size of Lake Mead behind Hoover Dam is
             | overkill.
             | 
             | It's also more advantageous than regular hydro, because it
             | does not need to be in the path of flowing water, so you
             | avoid issues with silting up, lack of suitable locations,
             | it's much less environmentally destructive, etc.
        
             | StillBored wrote:
             | funded by backdoor taxes if texas is any indication. Prop 7
             | passed, which is basically just shifting the cost of grid
             | reliability from the energy companies to the tax payers. So
             | now you get to pay top dollar for the energy which is 50%+
             | carbon sources, while also paying to keep the plants
             | operating from the general budget.
             | 
             | Its like a wet dream for those energy traders.
             | 
             | https://ballotpedia.org/Texas_Proposition_7,_Creation_of_St
             | a...
        
             | camel_gopher wrote:
             | The problem with this 90% solution is that the more
             | renewables are added, the more natural gas capacity is
             | required to cover the capacity. Good problem for the
             | natural gas industry.
             | 
             | Going clean with nuclear isn't cheap right now, and it
             | shouldn't be. It wasn't at the start of renewables when
             | solar was expensive.
             | 
             | Cheap, reliable, clean; pick two.
        
               | cesarb wrote:
               | > The problem with this 90% solution is that the more
               | renewables are added, the more natural gas capacity is
               | required to cover the capacity.
               | 
               | That can be the case only if the demand also increases.
               | If the demand stays the same, adding more wind and solar
               | can only decrease how much the natural gas power plants
               | are used, and the required capacity (that is, how much
               | they can produce at full power) either stays the same or
               | decreases (if the newly added wind and solar are non-
               | correlated enough to reduce the chance of all of them
               | "going dark" at the same time).
        
               | kragen wrote:
               | or if existing plants shut down, for example coal and
               | nuclear plants
               | 
               | they are in fact shutting down in many cases because they
               | can't compete with renewables, and the result is that
               | more grid-scale storage or peaker capacity (or demand
               | response!) is needed
               | 
               | but this is a good kind of problem to have, if you
               | replace 900 megawatts (produced) of coal with 400
               | megawatts (produced, not nameplate) of solar and 500
               | megawatts of gas, you've still cut carbon emissions by
               | two thirds, and lowered electricity prices at the same
               | time
        
               | pasttense01 wrote:
               | There already is a massive amount of natural gas
               | generating capacity. But if this capacity is used one
               | tenth as much as it is currently used it will only use
               | one tenth as much natural gas and will last much longer.
        
           | atoav wrote:
           | The thing about cloudy no wind days is:
           | 
           | 1. These are conditions that don't coincidence as often as
           | one would think
           | 
           | 2. If they do happen at the same time they are limited to
           | certain places
           | 
           | Now the only thing you need to have your solar and wind
           | installations not in one place and make sure it is unlikely
           | enough to have all of them inoperational at once.
           | 
           | If you have the proper energy storage and a big enough grid
           | that can balance itself this is totally doable.
        
           | vegetablepotpie wrote:
           | It's possible to build mostly renewable grids today with
           | existing technology without nuclear. For example Marin Clean
           | Energy generates over 90% of its energy from carbon free
           | sources [1].
           | 
           | Storage and batteries are the key. Although lithium ion has
           | limitations in the use case of long term discharge and
           | storage, new chemistries are becoming commercially available
           | that are appropriate for grid scale power. Iron Air batteries
           | are made out of cheap, common materials, can discharge for up
           | to 100 hours and can store power for long periods of time.
           | Form Energy is building a plant in West Virginia that will
           | produce these batteries and will open in 2024 [2].
           | 
           | Renewables are getting increasingly cheaper. Storage is
           | increasingly more available. The writing is on the wall.
           | Renewables are going to win out and it's going to happen much
           | sooner than conventional wisdom says.
           | 
           | [1] https://www.mcecleanenergy.org/wp-
           | content/uploads/2021/11/20...
           | 
           | [2] https://www.reuters.com/business/energy/form-energy-
           | build-lo...
        
         | gravitronic wrote:
         | A harder stumbling block compared to nuclear is land mass
         | requirements per Mwh:
         | 
         | https://ourworldindata.org/land-use-per-energy-source
        
           | threeseed wrote:
           | There are many parts of the world that are uninhabitable
           | because it is too hot.
           | 
           | The perfect location for solar installations.
        
             | fao_ wrote:
             | And the world production of food far exceeds the world's
             | population, yes.
             | 
             | The difficulty, as always, is logistics and economics.
        
             | downvotetruth wrote:
             | You used the word inhabitable. I do not think it means what
             | you think it means.
        
               | readthenotes1 wrote:
               | I think they confused "hot" with "wet"
        
               | threeseed wrote:
               | I have edited to mean uninhabitable.
               | 
               | e.g. places like outback Australia where it reaches 50C
               | and is a long distance from water.
        
               | atoav wrote:
               | So the solar panels will have dust and extremely harsh
               | temperature cycles. I don't have any source on that, but
               | I don't think the gained efficiency from the hot sun is
               | going to outweigh the pain (and efficiency loss) from
               | maintaining that efficiency in such an environment.
        
               | kragen wrote:
               | typically desert solar farms have higher capacity
               | factors, like 25% to 29%, than non-desert solar farms,
               | which are typically more like 20%, or 10% in very polar
               | countries like the uk, germany, or the netherlands;
               | possibly faster degradation will eventually reverse the
               | relationship
               | 
               | but, for the time being, the gained efficiency from the
               | hot sun does seem to outweigh the efficiency loss
               | 
               | as an ai language model, i cannot feel pain, so i do not
               | know what outweighs it
        
             | atoav wrote:
             | As an electrical engineer I have to sadly inform you that
             | electricity transport is not free. Transporting electricity
             | from those places to the places with populations is overall
             | inefficient.
             | 
             | So the best place for a solar panel is right next to were
             | the energy is needed (provided there is at least some sun).
             | 
             | Solar installations in deserts could still be a thing if
             | you are willing to think it differently (e.g. use the
             | energy for desalination and to split water into hydrogen
             | and oxygen, transport that hydrogen via container ship
             | etc).
        
           | kragen wrote:
           | no because even though pv uses orders of magnitude more land
           | per megawatt (not per megawatt hour; please get your units
           | straight) it still uses two orders of magnitude less land
           | than is available
           | 
           | please do the math instead of posting random bullshit without
           | any regard to whether or not it is true
           | 
           | i did
           | 
           | https://dercuano.github.io/notes/solar-economics.html
        
             | jcranmer wrote:
             | If this is the math you did:
             | 
             | > A crude calculation (earthradius_equatorial^2 * pi *
             | (1000 W/m^2) * 1 year in units(1) --- gosh, Unix is great!)
             | suggests that the total solar energy falling on the earth
             | is about 40000 * 10^20 joules per year.
             | 
             | ... that's not a good approximation. There's someone who
             | actually has done less crude math for maximum possible
             | solar energy, at least for the UK:
             | https://www.withouthotair.com/c6/page_38.shtml (though the
             | HTML version is somewhat annoying because it's still
             | paginated as if it were a book). Spoiler alert: it's
             | roughly enough energy to cover total transportation energy
             | demand, nowhere near total energy demand in the UK.
        
               | atoav wrote:
               | I mean UK isn't quite known for its sunny weather, right?
               | I would guess in Norway during the dark part of the year
               | it is even going to be worse.
               | 
               | The farther north you go the more relevant technologies
               | like wind energy and geothermal will become.
        
               | kragen wrote:
               | and maybe nuclear or synfuel. also, the farther south;
               | there used to be a nuclear reactor in mcmurdo
               | 
               | norway in particular gets almost all their _electricity_
               | from hydroelectric plants
               | https://www.statista.com/statistics/1025497/distribution-
               | of-... but of course its transportation sector is still
               | mostly fossil-powered
        
               | kragen wrote:
               | you would look much less foolish if you read more than
               | just the introduction to my notes; i did a great deal
               | more math than that
               | 
               | while i appreciate mackay's calculations a great deal,
               | his estimates for very polar countries such as the uk are
               | not generally applicable, and even for the uk are
               | probably conditioned on overly pessimistic assumptions;
               | he would undoubtedly agree if he were alive today
               | 
               | in particular, he assumed (reasonably) that 10%-efficient
               | solar panels would be much cheaper than 20%-efficient
               | ones, which would remain impractically expensive. but in
               | fact most solar farms are being built with 21%-efficient
               | panels because they're nearly as cheap as the
               | 16%-efficient kind, and the 10%-efficient kind has been
               | competed out of the market. so mackay's excellent
               | calculations are all too low by more than a factor of 2,
               | because one of his reasonable assumptions turned out to
               | be wrong
               | 
               | but i do think it's plausible that without wind the uk
               | would have to continue importing energy from abroad, as
               | it has done since the 19th century, unless it goes
               | nuclear. because mackay was _aware_ his estimates for
               | very polar countries such as the uk were not generally
               | applicable, importing solar energy from abroad was in
               | fact what he recommended in the chapter you linked but
               | evidently didn 't bother to read
        
               | jcranmer wrote:
               | > you would look much less foolish if you read more than
               | just the introduction to my notes; i did a great deal
               | more math than that
               | 
               | Perhaps, but I see nothing in your post that actually
               | corrects for effective solar irradiation on Earth, or for
               | the fact that half the Earth's surface is by definition
               | not receiving any sunlight at any given time, or for the
               | fact that most of the Earth is water and not land
               | (although I suppose you dropping the 4 from the
               | multiplier for the surface area is meant to account for
               | that). In other words, at no point did I see anything
               | that took into account the error I pointed out.
        
               | kragen wrote:
               | you didn't point out any errors; maybe you noticed one
               | and forgot to mention it. please let me know if so
               | 
               | if you're interested in taking the capacity factor into
               | account, which accounts for things like night, clouds,
               | and oblique illumination, a number of my other notes in
               | https://dercuano.github.io/topics/solar.html (linked from
               | the bottom of my above-linked note) do that; for example
               | in https://dercuano.github.io/notes/japan-energy-
               | autarky.html i calculated that energy autarky for japan,
               | if purely solar, would require 5% of its land area and
               | about 1.7 trillion euros of solar modules, taking into
               | account all of those factors as well as panel efficiency.
               | since then, the price has dropped by more than a factor
               | of 2, but the land area required remains about the same,
               | or slightly increased
               | 
               | (floating that 5% of their land area on solar barges off
               | the coast, instead of occupying precious land area, is
               | also clearly feasible; it just isn't economically
               | competitive, much like nuclear power)
               | 
               | of course, the real-life solution also involves wind and
               | grid-scale storage
               | 
               | perhaps it goes without saying that very few places are
               | as densely populated or as heavily industrialized as
               | japan, so much smaller fractions of their land area would
               | suffice
        
             | D_Alex wrote:
             | >pv uses orders of magnitude more land per megawatt (not
             | per megawatt hour; please get your units straight)
             | 
             | "Per MWhr" is a better measure when comparing intermittent-
             | power generation such as wind and solar.
             | 
             | >posting random bullshit
             | 
             | ^^
        
               | kragen wrote:
               | you can and should use 'per megawatt produced' rather
               | than 'per megawatt nameplate capacity' when comparing
               | things like solar to things like nuclear
               | 
               | but intermittency is irrelevant to basic
               | incommensurability of units; neither nuclear nor solar
               | uses more and more land over time to produce a constant
               | amount of power, which is what 'land per megawatt hour'
               | implies
        
             | gravitronic wrote:
             | > pv uses orders of magnitude more land per megawatt
             | 
             | Glad we agree
             | 
             | If anyone's reading this and wants a decent resource I
             | suggest Bill Gates's book How to Avoid a Climate Disaster
        
               | kragen wrote:
               | i suggest learning the basics of the field, so you can do
               | a modicum of critical thinking, instead of parroting
               | talking points from thought leaders, without any idea of
               | what it would mean for them to be true or false
        
           | jillesvangurp wrote:
           | I would call that a minor hurdle. There's actually no
           | shortage of unused land. Or roofs. And agrivoltaics
           | (combining solar with farming) is a thing. And wind turbines
           | and farms are a common combination as well. And we have off
           | shore wind, and floating offshore wind. Which you can combine
           | with solar. Floating solar to limit evaporation in hydro
           | basins is also a thing.
        
           | ZeroGravitas wrote:
           | Their data source suggests that rooftop solar, onshore and
           | offshore wind and nuclear are basically tied on that metric
           | so not sure what problem you're seeing?
           | 
           | Is it the ground mounted grid solar? I'm sure some countries
           | will happily trade extra land use for much cheaper energy.
        
         | Ericson2314 wrote:
         | The problem is those prices are wrong; they are pricing the
         | hard thing.
         | 
         | Renewable sells when it wants to, for dirt cheap. And they
         | don't sell when they don't want to. At that point, today,
         | typically natural gas picks up the ball. Other storage is as
         | much in its infancy as SMRs, as is "demand response".
         | 
         | The pricing people compare so favorably isn't pure renewables,
         | it's that renewables + fall back fossil mix.
        
           | matthewdgreen wrote:
           | This is true. And it also highlights what the part I don't
           | understand about these nuclear investments.
           | 
           | Absent massive government subsidies, any nuclear-based
           | solution has to compete against the renewable + fossil mix,
           | which is dramatically cheaper than any nuclear solution. That
           | means any nuclear investments will have to operate in a
           | pretty unfavorable market until renewables reach a saturation
           | point (maybe 50% of energy generation or more.) That point is
           | still somewhere in the future.
           | 
           | It's not clear when that saturation point will arrives (or if
           | it will), but when that happens today's nuclear investors
           | will also have to "bet" that storage costs won't have dropped
           | to the point where storage eats a big chunk of the market for
           | nuclear generation. And finally: in the course of taking this
           | risky long term bet, nuclear manufacturers will have to build
           | out huge amounts of manufacturing capacity so they can
           | actually meet market demand.
           | 
           | Anyway, the whole thing seems like a pretty risky bet. Maybe
           | not such a risky bet if the technology was mature, but very
           | risky given the fact that storage _is_ relatively mature and
           | basically needs a lot of manufacturing and process tweaks to
           | wipe out the benefits of nuclear.
        
           | ZeroGravitas wrote:
           | Renewables have a lumpy profile of energy provided. Nuclear
           | has a flat profile.
           | 
           | But demand is also lumpy, so the issues of matching supply to
           | load are basically identical.
           | 
           | What do you think France uses all the gas on its grid for?
           | Why do they have excess electricity in the middle of the
           | night that they need to tempt people to use domestically or
           | export to other countries?
        
       | pfdietz wrote:
       | This was entirely foreseeable.
       | 
       | Notes from the Feb. 2023 meeting of the Idaho Falls Power Board
       | (one of the utilities in UAMPS, and the place where the reactors
       | would have been built.)
       | https://www.idahofallsidaho.gov/AgendaCenter/ViewFile/Minute...
       | 
       | NuScale still needed to get costs down by $700 M to reach the
       | promised $89/MWh. Without that, it would be $105/MWh. This is
       | also after federal subsidies.
       | 
       | "GM Prairie said that the CFPP would need to come down by 55% to
       | be competitive with the market."
       | 
       | "CFPP is not inflation protected because cost increases above
       | projections are borne by the developer which is UAMPS and its
       | members in the project."
       | 
       | "GM Prairie commented that he has been to many meetings recently,
       | including CFPP sales meetings and notices that utilities are
       | still not subscribing, but instead wishing the project well. He
       | said it was his opinion that even if the project gets to $89 LCOE
       | and 80% subscribed by November, that it still is not an
       | attractive deal for Idaho Falls [...]."
       | 
       | "GM Prairie [...] pointed out that all the big utilities have
       | left the project but the smaller utilities stay in because they
       | are trusting UAMPS."
       | 
       | "GM Prairie said [...] that the $89 LCOE is based on 40-50
       | modules being sold."
       | 
       | "GM Prairie said the UAMPS' resolution states that the project
       | has to come in/or under $89 LCOE and be subscribed at least by
       | 80% and if UAMPS fails to do that, then just one member of the
       | PMC can vote to terminate the project."
        
         | kragen wrote:
         | note that 89 dollars per megawatt hour is three to five times
         | what solar energy usually costs
         | 
         | as i have said before, if small modular reactors were cheaper
         | energy sources than diesel engines, they would power every ship
         | in the navies of the usa, france, the uk, russia, and china,
         | instead of just the aircraft carriers, some of the submarines,
         | and a few other russian ships
         | 
         | (and note that diesel engines are too expensive to compete with
         | solar and wind)
         | 
         | one day nuclear energy will be cheaper than solar and wind, but
         | for now the humans' manufacturing is too primitive
        
         | jillesvangurp wrote:
         | Exactly. All these numbers are based on the current/past market
         | and a very broken assumption that LCOE of competing technology
         | (renewables + storage) won't continue to drop further. Which of
         | course they are projected to do; and not just a little. And of
         | course that already actually happened and was widely predicted
         | to happen years ago.
         | 
         | Also the numbers of these plants would need to be massively
         | higher to be significant. 40-50 plants is tiny a feasibility
         | study. That study has now been cancelled for cost reasons.
         | 
         | You'd need many thousands to make these start contributing
         | significant percentages of market share to overall energy
         | production. Tens of thousands really. Which of course at a high
         | LCOE is never going to be competitive. Basically the "value"
         | proposition to investors is to be selling these things at a
         | massive loss using government subsidies to make that tolerable
         | for whomever is buying. This has to be sustained until the
         | learning effects drive the LCOE low enough that making them
         | actually stands a chance of turning a profit. And of course
         | there are no guarantees that the LCOE will actually ever catch
         | up with renewables. Small chance of success & high chance of
         | failure that requires decades of sustained massive investments
         | and massive subsidies. All with a high degree of uncertainty.
         | 
         | That's not a great investor pitch of course. Which is why they
         | are bailing. There seem to be a few other projects still going.
         | But they'll have to face the same realities eventually.
        
       | 8bitsrule wrote:
       | Nothing has changed since the early days. A helluva complicated
       | and expensive way to boil water.
       | 
       | "At present, atomic power presents an exceptionally costly and
       | inconvenient means of obtaining energy ... This is expensive
       | power, not cheap power as the public has been led to believe." --
       | C. G. Suits, Director of Research, General Electric, who was
       | operating the Hanford reactors, 1951. ( Ref: Power from the Atom
       | - An Appraisal, Nucleonics, Feb. 1951 )
       | 
       | https://www.ieer.org/pubs/atomicmyths.html
       | 
       | Carbon-Free and Nuclear-Free: https://ieer.org/projects/carbon-
       | free-nuclear-free/
        
         | apatheticonion wrote:
         | Turkey is set to get 10% of its grid electricity from the
         | Akkuyu Nuclear Power Plant [1]
         | 
         | The build cost has been 22B (excluding loans) and it will have
         | a capacity of 4456MW meaning it's $4.9/W.
         | 
         | On average the cost per Watt for solar is 27 cents (excluding
         | loans and costs for storage) [2]
         | 
         | [1] https://en.wikipedia.org/wiki/Akkuyu_Nuclear_Power_Plant
         | 
         | [2] https://ourworldindata.org/grapher/solar-pv-prices
         | 
         | EDIT: incorrect calculation
        
           | Retric wrote:
           | That project isn't finished they are targeting 2026 and hope
           | it's only ~10% over budget.
           | 
           | Your solar numbers are wildly inflated because that's per
           | watt not per watt hour. Over 2/3 of nuclear power plants
           | costs occur _after_ you build the things. It would be
           | comparable if 22B was the total cost _and_ if nuclear didn't
           | need ~1,000 full time employees, fuel, decommissioning etc.
           | Those costs delay how quickly you can pay back loans which
           | then drives up how much interest nuclear pays over the plants
           | lifetime.
           | 
           | Companies have signed solar power purchase contracts at
           | 2c/kWh. Adding solar redundancy and batteries for 24/7 power
           | is actually more flexible and cheaper than nuclear because
           | you can cheaply follow the demand curve. Meanwhile nuclear
           | power plants need to go offline for multiple weeks every ~2
           | years and really want to sit at 100% the rest of the time.
           | 
           | PS: Even just looking at construction costs is misleading
           | because solar starts producing power so much sooner. You're
           | paying interest from day 1 of construction not day 1 of
           | operations. So if you take 6 years to build that's 5 years of
           | interest on the first years construction costs without any
           | revenue. Meanwhile solar's been producing power for ~5 years
           | and paying down debt.
        
             | kragen wrote:
             | 1.5 cents per kilowatt hour even
             | 
             | https://pv-magazine-usa.com/2020/05/28/record-low-solar-
             | ppas...
             | 
             | note that the coal plant mentioned in that article has
             | since been decommissioned
             | https://en.wikipedia.org/wiki/San_Juan_Generating_Station
        
           | kragen wrote:
           | these are great numbers, thanks
           | 
           | keep in mind that almost all the cost of pv plants is
           | construction (capex), while most of the cost of nuclear is
           | during operation and decommissioning (opex)
           | 
           | so 20 cents per watt capex is close to 60 cents per watt
           | total, twice the price of pv
           | 
           | as emmaengineer pointed out, though, you did the division
           | backwards: it's 0.20 watts per dollar, not 0.20 dollars per
           | watt. the correct quotient is 490C/ per watt, or maybe closer
           | to 15 dollars per watt including opex
        
           | EmmaEngineer wrote:
           | $22B / 4.456B = $4.9/W, about 20x more expensive than your
           | number for PV.
        
             | kragen wrote:
             | thank you for posting this correction; i had missed that
             | obvious error
        
             | apatheticonion wrote:
             | Oh you're right! Did it backwards. Correcting my post
        
           | kragen wrote:
           | i just noticed that you're linking a page about _panel_
           | prices
           | 
           | two problems
           | 
           | one, pv modules are typically about a third of the cost of a
           | utility-scale solar farm; things like installation labor and
           | power electronics are also part of the cost. so roughly we
           | should expect solar projects to cost about 80 cents per peak
           | watt based on that number
           | 
           | two, that page ends in 02021, but pv module prices have
           | fallen by about a third to half since the beginning of this
           | year https://www.solarserver.de/photovoltaik-preis-pv-modul-
           | preis...
           | 
           | in particular solarserver's 'mainstream' category was about
           | 25 euro-cents throughout 02021 and is now at 19, 24% lower,
           | and the lowest it's ever been
           | 
           | it seems like the price-fixing cartel announced at the
           | beginning of 02019 https://www.reuters.com/article/us-davos-
           | meeting-solar-gcl-i... has finally collapsed
           | 
           | solarserver's 'low-cost' category is at the staggeringly low
           | price of 11 euro-cents per peak watt; if the other costs
           | didn't change, that would lower the solar plant cost from 80
           | cents to 65 cents or so per peak watt, though in fact they
           | tend to increase somewhat because of the larger area of solar
           | cells required to reach the same wattage (that's why the
           | mainstream pv modules are more expensive)
           | 
           | a third problem is the capacity factor, tho; nuke plants
           | typically run at about 90% capacity, while solar farms run at
           | closer to 20%, because of problems such as night. in very
           | polar countries like germany it's 10%. so 70 cents per
           | nameplate watt works out to more like 3.5 dollars per
           | delivered watt
           | 
           | which is still cheaper than 4.9 (or 5.4 dollars per delivered
           | watt assuming that 90% capacity factor) but not implausibly
           | cheaper anymore
           | 
           | if solar farm builders can find ways to reduce the costs of
           | solar farms proportionately to the vertiginous drop in module
           | prices, which sounds implausible but has always been done
           | successfully before, we should expect the price to drop to
           | half that
        
             | Retric wrote:
             | German solar policies are insane. Nation wide capacity
             | factor was 11.6% in 2018. The numbers are so low because
             | they keep building solar in the northern parts of the
             | country which are absolutely terrible for solar.
             | 
             | Brandenburg has a stupidly large amount of solar compared
             | to a terrible amount of sunlight. https://en.wikipedia.org/
             | wiki/Solar_power_in_Germany#/media/...
             | 
             | Meanwhile the best location in Germany the south southern
             | tip of Baden-Wurttemberg only has a relatively small
             | fraction of their total installed solar. I haven't worked
             | out the exact numbers but they are something like 20+% less
             | efficient than they could be. Granted they would need to
             | build more power transmission lines but it's a small county
             | so such projects would be fairly cheap compared to the
             | efficiency gain.
             | 
             | PS: May solar power plants on the US are over 30% capacity
             | factor and the average is ~25%. We're a long way from the
             | equator. In a perfect location solar tracking PV should get
             | around 40% capacity factor. You beat 1/pi because over the
             | day an angled panel casts a wider shadow than the width of
             | the panel.
        
               | kragen wrote:
               | i've often wondered why germany's pv capacity factor is
               | so terrible, thanks
               | 
               | prc's pv capacity factor is also around 10% last i
               | checked, which is also absurdly low and suggests that
               | they maybe aren't as capitalist as they seem in important
               | respects (i'd be interested in updates)
               | 
               | by 'may' do you mean 'many'
               | 
               | it was easier to justify solar tracking (and
               | concentrating solar, and nuclear) fifteen years ago when
               | solar panels are expensive. but now you have to trade off
               | twenty dollars in mechanical parts for tracking against
               | 180 more peak watts of solar panels. with maintenance
               | costs it's easy for the balance to come out in favor of a
               | simpler system without tracking
        
               | Retric wrote:
               | Grid scale tracking systems keep getting cheaper but
               | neither always wins.
               | 
               | Solar tracking makes more sense when you look at
               | wholesale rates over a day. Peak demand prices start
               | right as static solar production falls off so you would
               | need batteries not just more solar panels to sell at
               | those rates. On top of this costs like land, inverters,
               | and wiring gets amaorterised across more hours of
               | production.
               | 
               | Wholesale prices get influenced by the deployed solar
               | power including rooftop solar. Which adds yet another
               | dimension to these models.
        
         | vlovich123 wrote:
         | It's important to remember that research and commercial funding
         | for nuclear reactors has basically frozen for the better part
         | of 60 years, which means that fission tech hasn't been
         | following Wright's law and we're still stuck with designs from
         | 60 years ago. Things have heated up a bit more recently but
         | this stuff has a long lead time (+ think of all the people who
         | didn't go into nuclear because of the lack of funding).
         | 
         | There's actually lines of research to do direct conversion of
         | energy instead of boiling water which gets efficiency up to
         | ~90% instead of 40%. But the challenge with fission isn't fuel
         | conversion efficiency but manufacturing and maintenance costs.
         | I wonder if getting rid of the water requirements for fission
         | reactors would meaningfully alter the costs involved. Would be
         | neat if it would.
         | 
         | But ultimately fission is _still_ price competitive with
         | renewables and that's when you ignore the need for batteries
         | and the fact that it's taken a lot of investment in renewables
         | paired with underinvestment in fission.
        
           | kagakuninja wrote:
           | All the major world powers dumped tons of money into
           | researching light water fission, precisely because it is dual
           | use technology for making weapons.
           | 
           | What has not had billions of government dollars in finding
           | were renewables.
        
             | p_l wrote:
             | Lots was dumped into known low-effectiveness light water
             | fission precisely because _it is not a viable path for
             | making weapons_.
             | 
             | There are many more efficient ways of running nuclear
             | power, especially ones that do not involve either needing
             | enrichement of fuel nor throwing away majority of still
             | usable fuel - but despite NPT, they are blocked politically
             | by nuclear-haves.
        
               | p_l wrote:
               | Can't edit anymore, but for reference for those who
               | probably downvote out of misunderstanding.
               | 
               | Light water moderated reactors aren't a pathway to making
               | nuclear weapons, because _they require that you have the
               | ability to enrich uranium separately just to start_.
               | 
               | I.e. a light-water moderated reactor is dependant either
               | on capability to enrich fuel and/or use unenriched fuel
               | (for enrichment or plutonium production) - which are core
               | capabilities for making fission weapons.
               | 
               | This is why they have been favoured on non-proliferation
               | (and often "control") grounds - they are dependant on
               | fuel from groups that do have fission weapon production
               | pipeline or at least parts of it.
               | 
               | To work from natural uranium, without artificial
               | enrichment, you need to use either heavy-water moderation
               | or graphite moderation, or more exotic designs - but then
               | you can both use unenriched uranium to produce power as
               | well as produce plutonium or other useful things, and a
               | distillation pipeline provides for both light-water
               | reactor fuel and weapon fissile material.
               | 
               | Details of how subsidies went are way more complex, and
               | both renewables and nuclear _and_ fossil fuels had areas
               | heavily subsidized.
        
             | peyton wrote:
             | Forced labor in solar-grade polysilicon production is
             | effectively in the billions of dollars of government
             | subsidies club. Let's not kid ourselves.
        
               | kragen wrote:
               | hmm, i hadn't heard of this before
               | 
               | https://www.csis.org/analysis/addressing-forced-labor-
               | concer...
               | 
               | > _(...) there is mounting evidence that the polysilicon
               | produced in Xinjiang, the first step in the supply chain
               | for solar photovoltaics, possibly uses forced labor.
               | (...)_
               | 
               | > _Another major problem is that there is limited
               | visibility into the actual conditions under which
               | polysilicon is produced. In part, this is because
               | Xinjiang is inaccessible, so it is hard to get verifiable
               | facts on the working conditions inside factories. Much of
               | the incredible research that has brought this topic to
               | the surface has involved inference and triangulation._
               | 
               | this was two years ago; is there more reliable
               | information since then?
        
         | stonogo wrote:
         | In 1951 the Hanford reactors were making plutonium, not power.
         | Only one of the Hanford reactors sold electricity, and not
         | until the middle of the 1960s. That one went over budget to
         | construct but operating costs were well under predictions. I'm
         | not sure Mr. Suits had enough information in 1951 to make his
         | claim authoritative seventy years later.
        
         | philipkglass wrote:
         | The Internet Archive has many old issues of Nucleonics
         | available. Here's the full article you reference:
         | 
         | "Power from the Atom - An Appraisal"
         | 
         | https://archive.org/details/sim_nucleonics_1951-02_8_2/page/...
        
       | sciencesama wrote:
       | Used to work in utah, warren buffet is damn close with the mayor
       | and team and threatened to use his full power if state starts
       | using more renewable energy, he has huge coal mining shares fyi
       | !!
        
         | kragen wrote:
         | it's news to me that utah's head of state is a mayor
         | 
         | i would be surprised if your information about warren's
         | position on renewable energy turns out to be more accurate than
         | your information about how he spells his name
         | 
         | https://www.bloomberg.com/news/articles/2022-01-19/buffett-s...
        
       | Retric wrote:
       | The US has actually tried small nuclear reactors before... "All
       | components limited to packages measuring 7.5 by 9 by 20 feet (2.3
       | m x 2.7 m x 6.1 m) and weighing 20,000 pounds (9,100 kg)"
       | 
       | https://en.wikipedia.org/wiki/SL-1
        
       | jmclnx wrote:
       | >The final straw came on Wednesday, when NuScale and the primary
       | utility partner, Utah Associated Municipal Power Systems,
       | announced that the Carbon Free Power Project no longer had enough
       | additional utility partners
       | 
       | I cannot help but to think the Fossil Fuel Industry had their
       | hands in this.
        
         | kagakuninja wrote:
         | No, it turns out that SMRs are not yet economically viable,
         | just as us skeptics have been claiming. SMRs are continually
         | hyped by the pro-nuclear crowd online. They aren't cost
         | efficient vs renewables.
        
           | donny2018 wrote:
           | Nuclear tech hasn't had a luxury of having renewables-like
           | subsidies though.
           | 
           | Who knows what the prices could have been had nuclear got the
           | same level of subsidies.
           | 
           | Nuclear energy (especially fast neutron tech that can use the
           | abundant U-238 and nuclear waste from existing NPPs) isn't
           | getting attention it deserves. Only Russia, China and India
           | are investing in it, but it's neglected in the West because
           | there is no immediate profit to gain from this.
        
             | kragen wrote:
             | nuclear tech had the biggeet subsidies program in human
             | history in the 01940s and 50s, continuing to a significant
             | extent into the 80s, which is how the humans got it in the
             | first place
             | 
             | some historians argue that subsidizing nuclear tech too
             | heavily was a major factor in the collapse of the ussr
        
               | donny2018 wrote:
               | And after those subsidies stopped, the progress of
               | nuclear power also stopped, naturally. If the subsidies
               | continued, we could have had scalable, sustainable and
               | affordable nuclear.
               | 
               | I believe that Renewables should be subsidized, and
               | current progress is great, but total decarbonization is
               | easier to realistically achieve together with nuclear
               | energy.
               | 
               | If you support renewables, you don't have to be anti-
               | nuclear at all.
        
               | kragen wrote:
               | agreed about being anti-nuclear. probably it is not in
               | the interest of life forms made of atoms to be anti-
               | nuclear
               | 
               | it's plausible that further subsidies could have made
               | nuclear power cheap. the long pole in the tent seems to
               | be the cost of the steam turbine generator, though, which
               | isn't cost-competitive with pv even if the heat to make
               | the steam is free. this is after a century of
               | improvements, and the steam turbine is the main electric
               | power source of every rich economy in the world and most
               | of the poor ones. so i'm not sure a few trillion dollars
               | more in subsidies would change that
        
               | donny2018 wrote:
               | >the long pole in the tent seems to be the cost of the
               | steam turbine generator
               | 
               | And yet some "renewables-only" people want to rely on gas
               | turbines for the times of unfavorable weather conditions.
               | 
               | And, the turbines are still more efficient (46%
               | efficiency with modern Siemens turbines), and the heat
               | that isn't going into the turbine steam can still be used
               | elsewhere, like for district heating or for industrial
               | purposes, which makes the overall system very high yield.
               | 
               | In comparison, photovoltaics is currently at 20%
               | efficiency. Wind is at 60% but it's quite intermittent
               | and unpredictable.
        
               | kragen wrote:
               | agreed
               | 
               | a couple of quibbles, tho
               | 
               | the efficiency of photovoltaics and wind is only relevant
               | here if you're powering them from stored energy, such as
               | white-hot graphite blocks, rather than from the sun. or
               | in the far future when human energy consumption has grown
               | by two orders of magnitude
               | 
               | gas turbines are only 'renewables-only' if you make the
               | gas from renewable energy
        
               | donny2018 wrote:
               | >gas turbines are only 'renewables-only' if you make the
               | gas from renewable energy
               | 
               | There are ways to make hydrocarbons from atmospheric
               | carbon (using any energy, including renewable) but that
               | is nightmarishly inefficient. Anti-nuclear people's plan
               | though is to use good ol' fossil gas for the times when
               | the weather is unsuitable for renewables.
               | 
               | >the efficiency of photovoltaics and wind is only
               | relevant here if
               | 
               | Agreed, you can disregard its efficiency if the source
               | energy is free.
               | 
               | Fission energy is so high yield that it's also basically
               | free, just like the Sun or wind, with the difference of
               | being able to increase/decrease production on demand.
               | It's the infrastructure to extract that energy that costs
               | money, and those costs could be improved with proper R&D,
               | investments, subsidies and economies of scale, just like
               | with renewables.
               | 
               | I do believe nuclear is the part of the Solution together
               | with renewables. At least we will need nuclear before
               | solar extraction and storage are so advanced that they
               | can power the grid all the time by themselves. Yes, that
               | future is certainly is not very far away, but we can't
               | afford much time to start decarbonizing.
        
               | kragen wrote:
               | fischer-tropsch is about 60% efficient https://en.wikiped
               | ia.org/wiki/Fischer%E2%80%93Tropsch_proces... but that's
               | being fed from energy that's already in the form of
               | carbon
               | 
               | water electrolysis https://en.wikipedia.org/wiki/Electrol
               | ysis_of_water#Efficien... is about 80% efficient, except
               | that there's an experimental capillary-fed process that
               | is supposedly 98% efficient
               | 
               | i wouldn't call that 'nightmarishly inefficient',
               | particularly if you can do it at hours when electricity
               | prices would otherwise be zero or negative because of
               | abundant solar or wind power
               | 
               | but i don't know how efficient carbon dioxide reduction
               | is https://en.wikipedia.org/wiki/Carbon_capture_and_utili
               | zation
               | 
               | nuclear power plants are not normally highly
               | dispatchable, though obviously the naval ones are
        
               | donny2018 wrote:
               | >water electrolysis ... 80% efficient
               | 
               | It's only to get hydrogen, also there is cost to make it
               | liquid, to store it (it's neither trivial nor cheap) and
               | to extract energy from it in fuel cells.
               | 
               | >i don't know how efficient carbon dioxide reduction is
               | 
               | If we want to capture carbon from atmosphere and turn it
               | back into hydrocarbon fuel like gas or diesel, thus
               | achieving net zero emissions, that process is still
               | "nightmarishly inefficient". There is a startup that I'm
               | watching (Prometheus Fuels) that promises to do that
               | cheaply, but there haven't been any positive news from
               | them recently
        
               | kragen wrote:
               | i'm surprised to see you still haven't posted any numbers
               | or cited any sources
        
               | donny2018 wrote:
               | " We can expect 48% of the energy from renewable
               | electricity to be lost in conversion to liquid fuels,
               | using the average value for drop-in diesel technologies
               | from our previous economic modeling work. To compound the
               | problem, according to various studies 70% of the energy
               | in those fuels will be lost when they are combusted in
               | internal combustion engines, for a total efficiency of
               | 16% for the e-fuels pathway. Therefore, the vast majority
               | of the energy from the sun or wind is lost. In contrast,
               | the majority of energy used by electric vehicles actually
               | goes to powering the wheels, losing only 10% in charging
               | and 20% by the motor and for a total efficiency of 72%."
               | 
               | https://theicct.org/e-fuels-wont-save-the-internal-
               | combustio...
               | 
               | There is lots of (paywalled) proper economic analysis of
               | current methods of Electrofuel generation from
               | atmospheric carbon, the summary is that the current
               | processes cost multiple times more than similar fossil
               | fuels, with the main cost factor being the cost of
               | electrolyzed hydrogen per kg, and captured atmospheric
               | carbon cost per kg, and all of that comes down to the
               | cost of the energy consumed during the process.
               | 
               | https://www.carboncommentary.com/blog/2021/11/18/how-
               | much-wi...
               | 
               | Edit: other than any research, the main indicator (for
               | me) is that nobody hasn't yet offered renewables based
               | liquid hydrogen or atmospheric carbon Electrofuel at
               | nearly viable prices for today's world. If the technology
               | was energy efficient, these fuels would be flooding the
               | market already even at 2x the price, but the cost of
               | producing these is currently 5x or higher. That's why the
               | first target for such fuels is commercial aviation and
               | sea transportation where the cost of fuel can be absorbed
               | less painfully.
        
               | kragen wrote:
               | 52% efficiency sounds fantastic; the other 70% loss is
               | equally present when you're burning fossil fuels in the
               | same engines. of course it is very relevant to the
               | electric vehicle comparison, but not to replacing fossil
               | fuels in peaker plants or airplanes, which is the topic
               | at hand
               | 
               | and it's fantastic news that the main cost factor is the
               | cost of the energy input, rather than, for example,
               | defouling or catalyst replacement. because once the
               | electric grid is mostly renewable and intermittent, so
               | that energy is free in the daytime, synthetic fuels will
               | be immensely cheaper than they are now. perhaps by even
               | more than 5x :)
               | 
               | initially the carbon dioxide won't come from atmospheric
               | capture; carbon capture at the source is immensely
               | cheaper. perhaps as the number of fossil-fuel and biomass
               | point sources dwindles, atmospheric carbon capture will
               | become competitive, but i suspect that it may
               | 
               | 16% cycle efficiency might rule out liquid synfuels for
               | grid-scale energy storage, but hydrogen should be closer
               | to 50% (60% combined-cycle turbine times 80%
               | electrolysis), or perhaps higher with fuel cells, and
               | though that's much lower than batteries, it's still a
               | viable alternative to nuclear if batteries don't work out
               | due to shortages or whatever
        
             | jillesvangurp wrote:
             | Nonsense; it's getting plenty of attention. And there's a
             | lot of lobbying happening to ensure that.
             | 
             | The nuclear industry actually has been running on
             | subsidies. Also in China and Russia. It would not survive
             | long without them. And of course this whole industry was
             | bootstrapped via massive defense spending. Trillions in
             | today's money.
             | 
             | There's no such thing as an unsubsidized profitable nuclear
             | plant. That's why investors are pulling the plug on this
             | thing. Because even with the (massive) subsidies, it just
             | does not add up to anything remotely financially feasible.
             | Unsubsidized LCOE is off by about an order of magnitude
             | where it should be now. Never mind in a few decades.
             | 
             | And of course the cost of securing them, dealing with the
             | waste, or decommissioning them is typically also
             | subsidized. To the point where that's commonly not even
             | factored into the projected cost for nuclear because that
             | is depressing enough without that. Somebody (i.e. tax
             | payers) should take care of all that. Not their problem.
             | Most current nuclear waste is stored in temporary locations
             | while people figure out how to actually pay for all that.
             | That was the plan seventy years ago and there still is no
             | solution. Those sites need security. Which of course costs
             | money. And eventually "somebody" might do something about
             | it. At great cost.
             | 
             | All of it subsidized. By past, current, and future
             | generations.
        
       | throw0101b wrote:
       | Ontario announced one GE Hitachi BWRX-300 in December 2022, and
       | three more in July 2023:
       | 
       | * https://www.cbc.ca/news/canada/toronto/ontario-darlington-nu...
       | 
       | * https://en.wikipedia.org/wiki/BWRX-300
       | 
       | This is in addition to a new large-scale plant:
       | 
       | * https://www.cbc.ca/news/canada/london/ontario-new-nuclear-bu...
        
         | ksec wrote:
         | Also much more interested in BWRX300 as well. Old and proven
         | working technology fine tuned. And will continue to get cheaper
         | as they are much more standardised.
        
         | preisschild wrote:
         | But why build them in Darlington, when there's a big grid that
         | could make use of new CANDU reactors, for which most of the
         | supply chain is from Canada and its higher energy output makes
         | it more competitive?
         | 
         | BWRX-300 makes more sense in smaller communities.
        
           | tonyarkles wrote:
           | One of the perks of building them in Darlington is that the
           | regulatory approval process is simpler since there's already
           | nuclear facilities on site. Saskatchewan is currently going
           | through the site selection and approval process and will be
           | doing that for a while while the BWRX-300 units are going up
           | in Darlington. The build in Darlington and lessons learned
           | will be applied directly to the SK BWRX-300 builds.
        
       | BasilPH wrote:
       | David Roberts from Volts talked about why he thinks SRMs are
       | overhyped last week. Here's the transcript[^0], but his main
       | points are _(I fed the whole transcript the new GPT-4 128k token
       | model for this)_:
       | 
       | - SMRs are not yet delivering on their promised benefits and cost
       | savings due to challenges in scaling and production.
       | 
       | - The SMR concept is yet to prove itself with efficient and cost-
       | effective factory-made parts and repeatable construction
       | practices.
       | 
       | - Concern exists that the enthusiasm around SMRs could lead to
       | more unfocused subsidies for the nuclear industry without
       | addressing the industry's deeper issues of inefficiency and
       | historical missteps.
       | 
       | - SMRs are seen as one option among many for balancing renewable
       | energy, and they should not be considered the only solution.
       | 
       | - Their capabilities are mostly theoretical at this stage, and
       | there's uncertainty if they can bridge the gap between their
       | promise and reality in terms of cost and deployment hurdles.
       | 
       | - SMRs might receive undue favor over other equally promising
       | technologies for providing firm power.
       | 
       | In conclusion, David believes SMRs are getting more attention and
       | investment than warranted by their current capabilities and
       | progress, potentially detracting from other solutions that may
       | offer better returns or efficiency for transitioning to a
       | renewable energy grid.
       | 
       | [^0]: https://transcripts.volts.wtf/the-volts-catalyst-pod-
       | crossov... (starts at around 26:13)
        
       | throw0101b wrote:
       | Bloomberg's _Odd Lots_ podcast had an episode on nuclear October
       | 23:
       | 
       | > _The US is taking a fresh look at nuclear power. After a dearth
       | of construction, and de-commissioning of working nuclear plants,
       | people are talking, yet again, about it as a source of steady,
       | affordable, carbon-free electricity. But of course, nuclear has
       | its drawbacks, particularly on the financial side, as new plants
       | have been plagued by cost over-runs, contributing to utility
       | bankruptcies. So what would need to happen to get the economics
       | working again? On this episode we speak with Mark Nelson, the
       | founder of Radiant Energy Group, to discuss the state of the
       | industry, the state of the technology, and what it would take to
       | bring nuclear back into the mix._
       | 
       | * https://omny.fm/shows/odd-lots/whats-really-standing-in-the-...
       | 
       | * https://www.youtube.com/watch?v=d084PIspUwk
       | 
       | * https://podcasts.apple.com/us/podcast/whats-really-standing-...
        
       | Laaas wrote:
       | > The decision to cancel the project followed an update from
       | NuScale this year regarding the cost of building the reactors,
       | which had soared to $9.3 billion from $5.3 billion because of
       | rising interest rates and inflation.
       | 
       | Even $5.3B seems very expensive. For reference, (the new Finnish)
       | Olkiluoto-3 was EUR11 billion, for 1600 MW. The article says 6 *
       | 77 MW = 539 MW!
       | 
       | How is it that we've become so bad at building?
        
         | Pat_Murph wrote:
         | We've gotten better at billing than building.
        
           | sumtechguy wrote:
           | One I can automate the other not so much
        
         | hotpotamus wrote:
         | > How is it that we've become so bad at building?
         | 
         | What industry would you prefer your children to go into?
         | Construction or just about anything else?
        
           | theultdev wrote:
           | So you prefer other people's children to do your
           | construction, got it.
           | 
           | That's fine.. I guess, but the world needs construction
           | workers, including in America.
           | 
           | If my son wanted to build nuclear reactors I'd be A-Okay with
           | that.
        
             | vinay427 wrote:
             | Not the parent commenter, but I read their comment perhaps
             | more charitably as describing a general societal attitude
             | rather than their personal beliefs that they would instill
             | on their children.
             | 
             | No idea if I'm correct, but it's maybe worth offering them
             | the benefit of the doubt here.
        
               | theultdev wrote:
               | The general societal attitude is what influences their
               | personal belief, and vice versa at scale.
               | 
               | But their point remains the same, "let someone else do
               | it" (the quiet part: "it's below us").
               | 
               | It's a very negative and elitist attitude that's
               | prevalent in bubbles where people don't have to work
               | normal jobs.
        
               | hotpotamus wrote:
               | I don't have and have never wanted children, so you are
               | correct that it is not my personal belief. Yes, it's a
               | question of the social status afforded to certain
               | professions. The ones that actually build and maintain a
               | functioning society seem low on that hierarchy. I'm
               | willing to bet that the lawyers litigating whether or not
               | a nuclear power plant will be built have have a higher
               | income than the people who build it.
               | 
               | This is my perception as someone from the working class
               | who doesn't get one of those big FAANG salaries; they
               | don't check that when you sign up here.
        
             | hotpotamus wrote:
             | Oh I'd prefer a lot of things that are never going to
             | happen. It's more a question of social status - what pays
             | more, construction worker, or lawyer who argues for/against
             | construction?
        
               | theultdev wrote:
               | What was your point in asking this "question of social
               | status"?
               | 
               | Nothing in this thread points to lack of workers, but to
               | over regulation.
               | 
               | On a personal note, I'd prefer many less lawyers,
               | especially the ones who argue against the one energy
               | source that works.
               | 
               | I'd prefer many more trade workers, much less in
               | academics.
               | 
               | I'd prefer people to not view jobs as a social status and
               | appreciate the contributions people give to society.
               | 
               | A plumber can make quite a bit of money, work up to their
               | own business, not have to deal with huge amounts of debt,
               | and actually provides needed services for society.
        
               | hotpotamus wrote:
               | https://www.ziprecruiter.com/Salaries/Plumber-Salary-per-
               | Mon...
               | 
               | A basketball player can make quite a bit of money playing
               | basketball if they're exceptional. Looks like the
               | national average for a plumber is about $60K/year. Most
               | people on this forum would scoff at that if someone
               | offered them that. It's actually about as much as my
               | uncle, a heavy diesel mechanic, made before his untimely
               | death. It's about what my father made when he retired.
               | 
               | Why don't we build? Why don't we do anything; because
               | it's more profitable not to I'm sure.
        
               | theultdev wrote:
               | 60k/yr can support a family in a lot of areas. Most
               | people in my area make around that.
               | 
               | SWE is a bubble and can't really be applied to the rest
               | of the workforce. A SWE would scoff at any other job
               | because of this.
               | 
               | We do have builders, there is overregulation that stops
               | us from building.
               | 
               | It's not the lack of workers.
        
               | hotpotamus wrote:
               | My brother was a contractor too and could barely make it
               | on that with no kids. He fairly recently became an
               | engineer (not the software kind) and was stunned to learn
               | that he could take days off and still get paid. He was
               | also quite happy to have health insurance. There may not
               | be a lack of workers, but there's one less who will ever
               | go back because of the nature of the job.
        
               | imtringued wrote:
               | >Nothing in this thread points to lack of workers, but to
               | over regulation.
               | 
               | The thread points at inflation and interest rates and
               | general cost overruns. I don't see the overregulation. As
               | others have said, you can run your non nuclear
               | powerplants until they fall apart. That isn't possible
               | with nuclear power.
        
           | delfinom wrote:
           | Depending on the area, construction can pay really well and
           | be a stable form of long term employment. Usually the trades
           | part of construction is best rather than being a general
           | laborer.
           | 
           | In my area of NY suburbs, there's such a shortfall of
           | tradesmen now due to boomer retirement en-masse, you see alot
           | of younger guys showing up as plumbers, electricians, hvac
           | and more that you would never ever have seen just 5 years
           | ago.
           | 
           | I wouldn't care if my own kids did it. As long as they figure
           | out their life plan in advance, who cares.
        
             | sumtechguy wrote:
             | I worked with one of the major HVAC companies in that area.
             | There was not one dude under 50 in that building. 'we can
             | not even get people to apply and we are throwing money at
             | them'. That was 10 years ago. That may have changed by now.
             | But probably not much.
        
               | hotpotamus wrote:
               | How much money were they throwing? Enough to make you
               | consider HVAC work?
        
               | sumtechguy wrote:
               | Me personally no. I have 20+ years doing what I do. I am
               | paid decently for that. But fresh out of high school and
               | willing to do the apprentice/mentor thing I probably
               | would have considered it very compelling. It was 2-3x
               | what I made starting what I do now.
        
               | hotpotamus wrote:
               | It's not a job I'd do either for a few reasons,
               | principally marginal physical disability; something many
               | tradesmen acquire and learn to live with, but to which I
               | was essentially born.
               | 
               | That said, if the job is so attractive to young people
               | (I'm guessing primarily men), then why do you think that
               | not much has changed in the intervening decade?
        
         | Nickersf wrote:
         | It depends on what needs to be built. If the regulators 'like'
         | what needs to be built it'll pop up fast, look at the wind
         | turbine expansion in Europe and parts of the USA. In terms of
         | material input that dwarves what building one nuclear power
         | plant or blast furnace requires.
        
         | mytailorisrich wrote:
         | Olkiluoto-3's budget also overran a lot to reach 11b. It's also
         | an extra reactor at an existing nuclear plant so perhaps that
         | somehow reduces costs, and it's built by a very established
         | company.
         | 
         | Now, on the other hand, as far as I know NuScale never built a
         | commercial reactor before... so we'll see how many of their
         | current projects actually come to life.
        
         | chris222 wrote:
         | For that price you can build almost any combination of
         | wind/solar plus storage. It will probably use less land when
         | you factor in exclusion zones and require fewer operators and
         | resources. It will also have no major calamity risk and an easy
         | clean up and decommissioning.
         | 
         | The Tesla megapack price is about 300 million dollars per 1GWh
         | of storage these days.
        
           | audunw wrote:
           | Solar will certainly use more land unless you build on
           | rooftops or do agrovoltaics. But that's not the norm for
           | large scale production yet.
           | 
           | Wind depends on how you calculate area used. The zone that
           | excludes other wind turbines and residential buildings will
           | be much larger. But the area used by just the base is
           | obviously quite small. When placed between farm plots the
           | area usage is very effective.
           | 
           | The risk of accidents in the US is probably extremely small.
           | I wouldn't personally be worried about. Especially with
           | NuScKe which should be passively safe. Though I would have
           | said the same about Japan before Fukushima so you never know
           | (yes, I know the death toll was negligible, but the effect it
           | had on nearby residents is still catastrophic)
        
             | bryanlarsen wrote:
             | Nuclear and solar also can dual-use most of their
             | footprint. For nuclear, the keep-out zone becomes a de
             | facto nature preserve. And a pretty good one at that, since
             | the keep out is enforced well.
             | 
             | Solar installations can be grazed. Alternatively, bifacial
             | panels can be installed vertically east-west and the strips
             | between can be farmed. Or the panels can be placed on
             | rooftops. Or used to shade parking lots. Et cetera.
        
         | bilbo0s wrote:
         | This is a bit unfair.
         | 
         | You're comparing untried and untested SMR design to slapping up
         | an EPR next to two BWRs if I'm remembering the Finnish project
         | correctly. While EPR is newer, we as mankind have a good
         | understanding of how to build and operate one.
         | 
         | Now of course Vogtie cost us 30 or 40 whatever billion for a
         | couple of trifling PWRs, so your larger point still stands. I
         | just think it was dumb of NuScale from the outset to go out
         | marketing over-promises on the idea of SMR. If you took an
         | educated look at the stats and numbers proponents of SMRs were
         | out touting, it's doubtful that even China could have delivered
         | on that. How they thought they could do it in the real world of
         | Idaho is beyond me? They must have had an ace up their sleeves?
         | Or perhaps they expected the government to play a much larger
         | role? Not sure.
        
         | nickpp wrote:
         | > How is it that we've become so bad at building?
         | 
         | Regulation. No matter how you find it (a drag, useful or even
         | life-saving), one thing is certain: it significantly increases
         | costs and time to build.
         | 
         | Do you know how Golden Gate or the Empire State Building were
         | built on budget and fast? With risks and lost lives.
        
           | ceejayoz wrote:
           | Finland is hardly a low-regulation country, especially
           | compared to Idaho.
        
             | theultdev wrote:
             | It is when it comes to nuclear regulation.
             | 
             | The NRC effectively makes nuclear impossible in the US.
        
             | epups wrote:
             | Finland has modern regulation for nuclear energy, and is
             | constantly improving it
             | (https://www.neimagazine.com/news/newsfinland-to-reform-
             | nucle...). They see it as a strategic option. I'm not sure
             | this is the same for Idaho.
        
         | Reason077 wrote:
         | > _" Even $5.3B seems very expensive. For reference, (the new
         | Finnish) Olkiluoto-3 was EUR11 billion, for 1600 MW. The
         | article says 6 _ 77 MW = 539 MW!"*
         | 
         | Olkiluoto-3's materials and labour costs were locked in well
         | before the current inflationary cycle. If they started out
         | today the cost would likely be much higher.
         | 
         | Also, NuScale is a novel new design. SMRs haven't been
         | commercially deployed anywhere yet, so there's a lot of extra
         | risk and cost associated with building and certifying the very
         | first ones. After all, it cost Boeing an awful lot more to
         | produce the first 777 aircraft than it did to knock out the
         | 1000th.
        
         | danbruc wrote:
         | And why six? Why not build one and then see?
        
           | petre wrote:
           | You still need to build the building with the water pools and
           | eveything else. If you bother bying the land, contracting
           | construction workers, leasing heavy machinery you could as
           | well build 6x as big and spread the fixed costs over that.
           | NuScale was designed to work with up to 12 modules.
           | 
           | It's too bad it dodn't work out commercially. Their other
           | projects will probably get cancelled as well if they face the
           | same price increases.
        
         | fulafel wrote:
         | For additional data, a just announced start in Poland [1] is
         | planned for $40B for 6 AP1000 reactors (6000 GW? maybe more),
         | which sclaed down by 10x would make $4B for 600+ MW.
         | 
         | [1] https://www.independent.co.uk/news/poland-ap-polish-
         | mateusz-...
        
         | lamontcg wrote:
         | > How is it that we've become so bad at building?
         | 
         | MBAs. Same ones infecting the company that you most likely work
         | for.
         | 
         | Something smaller like stamping out PV panels or windmills for
         | farms of them is much more manageable. Anything big and complex
         | invites too much graft.
         | 
         | And while you can complain about expensive regulations, that's
         | just another graft called regulatory capture. And they let you
         | blame it on the hippies, while they rake in the dollars.
        
         | Tanoc wrote:
         | Investment has become a fast guaranteed returns at all costs
         | kind of thing. That means that while it would cost nine years
         | to build a nuclear reactor and twenty five to break even, the
         | reactor could operate for a century because they're required to
         | maintain it due to how dangerous it is. Meanwhile a gas plant
         | can be built in two, break even in five, and operates for
         | twenty years before falling apart from neglect because a gas
         | explosion doesn't create nuclear fallout. This is also why coal
         | fired plants are still running despite external pressures to
         | render them extinct; the owners know the ROI and like the short
         | term projections.
        
       | BasilPH wrote:
       | David Roberts from Volts talked about why he thinks SRMs are
       | overhyped last week. Here's the transcript[^0], but his main
       | points are _(I fed the whole transcript to GPT-4-turbo model for
       | this)_:
       | 
       | - SMRs are not yet delivering on their promised benefits and cost
       | savings due to challenges in scaling and production.
       | 
       | - The SMR concept is yet to prove itself with efficient and cost-
       | effective factory-made parts and repeatable construction
       | practices.
       | 
       | - Concern exists that the enthusiasm around SMRs could lead to
       | more unfocused subsidies for the nuclear industry without
       | addressing the industry's deeper issues of inefficiency and
       | historical missteps.
       | 
       | - SMRs are seen as one option among many for balancing renewable
       | energy, and they should not be considered the only solution.
       | 
       | - Their capabilities are mostly theoretical at this stage, and
       | there's uncertainty if they can bridge the gap between their
       | promise and reality in terms of cost and deployment hurdles.
       | 
       | - SMRs might receive undue favor over other equally promising
       | technologies for providing firm power.
       | 
       | In conclusion, David believes SMRs are getting more attention and
       | investment than warranted by their current capabilities and
       | progress, potentially detracting from other solutions that may
       | offer better returns or efficiency for transitioning to a
       | renewable energy grid.
       | 
       | [^0]: https://transcripts.volts.wtf/the-volts-catalyst-pod-
       | crossov... (starts at around 26:13)
        
         | krupan wrote:
         | It feels like most of those bullet points, if not all, could be
         | applied to any fledgling new energy source, or actually any new
         | technology in general. I hope there's more to this analysis
         | than just these bullet points
        
         | SiempreViernes wrote:
         | That link is just a 404 to me
        
           | kalleboo wrote:
           | It seems like it's been truncated from
           | https://www.volts.wtf/p/the-voltscatalyst-pod-crossover-you
        
         | iso8859-1 wrote:
         | Similar points were raised on the Decouple podcast by James
         | Krellenstein .
         | https://www.decouplemedia.org/podcast/episode/3195740d/small...
        
       | javier_e06 wrote:
       | The article:
       | 
       | By Ivan Penn and Brad Plumer Published Nov. 8, 2023Updated Nov.
       | 9, 2023, 3:42 a.m. ET
       | 
       | A developer of small nuclear reactors announced on Wednesday that
       | it was canceling a project that had been widely expected to usher
       | in a new wave of power plants.
       | 
       | NuScale Power, a company in Portland, Ore., said it lacked enough
       | subscribers to advance the Carbon-Free Power Project, which had
       | been expected to deliver six of the company's 77-megawatt
       | reactors. Although more than two dozen utilities had signed up to
       | buy electricity from the reactors, which would be in Idaho, that
       | number fell short of what NuScale said it needed to move forward.
       | 
       | The Carbon-Free Power Project was the result of an agreement
       | between NuScale and Utah Associated Municipal Power Systems,
       | which supplies electricity to public power providers in seven
       | Western states, including California. The project was first
       | proposed in 2014.
       | 
       | "This decision is very disappointing given the years of
       | pioneering hard work," said Mason Baker, chief executive of Utah
       | Associated Municipal Power Systems. "We are working closely with
       | NuScale and the U.S. Department of Energy on next steps to wind
       | the project down."
       | 
       | The decision to cancel the project followed an update from
       | NuScale this year regarding the cost of building the reactors,
       | which had soared to $9.3 billion from $5.3 billion because of
       | rising interest rates and inflation.
       | 
       | NuScale had needed to triple the number of customers for the
       | Carbon-Free Power Project by February. The company, which also
       | has an agreement to deliver its technology to Romania, told
       | investors that it would repurpose materials developed for the
       | Carbon-Free Power Project for other customers.
       | 
       | NuScale's stock price fell more than 20 percent, to $2.37, in
       | after-hours trading. Its value has declined more than 70 percent
       | in the past 12 months.
        
       | bitter_old_man_ wrote:
       | I'm so glad I left the nuclear industry thirteen years ago!
       | 
       | I worked in nuclear power for about eight years. I felt like I
       | was taking crazy pills. There's a strong vein of cognitive
       | dissonance running through the industry relating to its economic
       | viability. Nuclear power has always been the most expensive
       | available energy production method. So every time I hear talking
       | heads say "nuclear power is the only power production method that
       | can be built fast enough to address climate change" my blood
       | starts to boil. Every nuclear power plant in history has been
       | pitched as "sure it's stupid expensive up front, but the power it
       | produces will be too cheap to meter". And then they cost 5x as
       | much and take 5x as long as predicted to be built and also cost
       | more than predicted to operate. But the next generation won't
       | have any of the problems that all previous generations had? It's
       | like listening to silicon valley people rave about AI or humanoid
       | robots or driverless cars. "Sure, the past six generations didn't
       | deliver what they promised, don't worry about that, don't think
       | about that, the next one is going to be amazing!"
       | 
       | Goodbye nuclear.
        
         | codersfocus wrote:
         | Why do areas with nuclear power around the world have cheaper
         | than average electricity costs, then?
        
           | ViewTrick1002 wrote:
           | Because they were built using subsidies. Nuclear has a
           | competitive OPEX cost when the plant has been paid off.
           | 
           | We are 50 years from that point for any potential new builds.
        
         | ComplexSystems wrote:
         | "It's like listening to silicon valley people rave about AI or
         | humanoid robots or driverless cars."
         | 
         | That's a very interesting statement to make, given what's
         | happening right now with AI, humanoid robots and driverless
         | cars.
        
       | pradn wrote:
       | It looks like the biggest problem with nuclear is not the safety
       | or whatnot, it's just that as a civilization, we just can't build
       | them without cost overruns and massive delays. And this is a
       | loss, because we need non-variable energy sources to augment
       | wind/solar/tidal.
       | 
       | Perhaps the other way to solve the energy transition is to lean
       | heavily into mass storage of variable energy sources. If you have
       | enough energy storage, you don't need so much of the base energy
       | suppliers like gas/coal/nuclear.
        
         | bluefirebrand wrote:
         | Wonder if it's worth digging into why that's the case. It seems
         | like it's a lot more than just the cost of materials + labour
         | that's the problem.
        
           | panick21_ wrote:
           | There is lots of research on that for transport
           | infrastructure at least.
           | 
           | https://transitcosts.com/
           | 
           | https://pedestrianobservations.com/
        
           | tomatocracy wrote:
           | There's been some work done on this in the US context (eg
           | [0]) but not really enough. It seems like general large
           | project issues (need to adapt to site specific conditions as
           | they are discovered, difficulty ensuring work stays properly
           | scheduled so that construction workers don't sit idle for
           | large amounts of time, etc.) are a big part, and these are
           | made worse because of the knock on impact when these interact
           | with safety regulations/processes.
           | 
           | There's some hope that making designs smaller and more
           | modular might enable less chance of big overspend at a
           | slightly higher expected cost but that's speculation until we
           | actually do it.
           | 
           | 0. https://www.sciencedirect.com/science/article/pii/S2542435
           | 12...
        
         | thescriptkiddie wrote:
         | This problem isn't confined to nuclear energy either. Just
         | about the only thing our society is still able to build quickly
         | and cheaply are roads.
        
         | snapplebobapple wrote:
         | Just a point of clarity, we need demand resources, which means
         | variable at our command vs not variable or variable based on
         | wind/solar input out of our control.
         | 
         | The economically viable mass storage options (i.e pumped
         | storage) are basically all deployed. Batteries are getting
         | there but they still need some shenanigans in the ancillary
         | market where they get paid for not running for complex reasons
         | to make the economics in most instances. As the shenanigans
         | price out nat gas in those markets it will be interesting to
         | see how offer strategies of nat gas change to recoup the lost
         | economic viability and if that makes batteries less profitable.
        
           | Retric wrote:
           | Batteries are _already_ viable paired with solar. You see
           | solar power purchase agreements in the 1.5 to 2c  / kWh range
           | and you can directly use that energy around 1/2 the time.
           | Recharging and discharging batteries isn't 100% efficient but
           | it's close.
           | 
           | Current numbers are lower, but in 2022 you could use LFP for
           | ~5,000 discharge cycles and pay ~480$/kWh of capacity or ~9.6
           | c/kWh. Inverters etc last longer than the batteries
           | themselves so you can amortize those costs across multiple
           | generations of batteries, therefore it's not quite upfront
           | costs / number of discharge cycles, but it's also not that
           | far off of it. https://www.nrel.gov/docs/fy23osti/85332.pdf
           | 
           | Still roughly 2c/kWh * 105% + 9.6 c/kWh * 50% ~= 6.9c/kWh
           | averaged over a day.
           | 
           | Currently batteries are discharged at peak demand, but the
           | underlying economics scales just fine even if you double the
           | number of solar panels for redundancy and aren't being paid a
           | premium. Further at scale demand that shifted to cheaper
           | nighttime rates will instead shift to cheaper daytime rates.
        
             | tomatocracy wrote:
             | I assume that's for already built solar PV, though it still
             | seems extremely low to me so I'm curious where you are
             | seeing this.
             | 
             | For reference on new build, at the UK government's most
             | recently completed CfD auction (which happened in
             | September), the solar PV bids accepted were at PS47/MWh,
             | CPI indexed and specified in 2012 prices:
             | https://www.gov.uk/government/publications/contracts-for-
             | dif...
        
               | Retric wrote:
               | Not bad considering the UK is a dark rainy hellhole for
               | solar.
               | 
               | NYC is 40.7' North, Toronto Canada is North 43.7', London
               | is 51.5' North and that's the southern part of the UK.
               | 
               | Edit: To be clear I don't think battery backed solar is a
               | good fit for the UK today, I'm just surprised how close
               | it is.
        
               | tomatocracy wrote:
               | Yes, though the fact that it's 2012 prices and indexed to
               | CPI does a lot - that's roughly PS65/MWh in current
               | prices. And despite all that it's still cheaper than
               | offshore wind.
               | 
               | You can also look at Spain - the CfDs aren't really
               | comparable since the way CfDs are used there is different
               | but LCOE is probably in the 40s-50s EUR/MWh for new build
               | solar PV. But there are now meaningful curtailment issues
               | in some places due to grid capacity there so developers
               | will probably be working to higher numbers.
        
             | konschubert wrote:
             | I think your math is realistic.
             | 
             | We have to keep in mind that 6.9 isn't yet the end user
             | rate after grid fees, but still.
             | 
             | There is also a ton of potential in demand shaping by
             | offering hourly prices to customers.
             | 
             | The place where batteries fail is long-term, seasonal
             | storage. The price per charge is still low, but an asset
             | that takes 5000 years to amortise (one charge cycle per
             | year) is not a competitive investment.
             | 
             | So we will need other approaches here, where the substance
             | that stores the energy is cheap and the cost is shifted
             | onto the energy transforming device (this is e-fuels/
             | ammonia/ hydrogen)
        
               | Retric wrote:
               | I'm not convinced we want significant seasonal storage as
               | a separate system because depth of discharge impacts
               | battery lifespan.
               | 
               | So rather than having a singe battery doing nothing for
               | 364 days a year and getting used one day you have a
               | battery bank which gets discharged slightly more 1 day a
               | year and recovers that deficit over some time period.
               | 
               | For redundancy reasons you want excess generation
               | capacity should something happen which would most of the
               | time allow for a full charge soon afterwards.
               | 
               | PS: individual wind locations also tend to get more power
               | on specific time of the year which can offset seasonal
               | issues.
        
               | angiosperm wrote:
               | There will be no need for "long-term, seasonal storage".
               | We only need enough storage to last until a shipment of
               | synthetic anhydrous ammonia, ordered from a nearby wind
               | farm or from a solar farm in the tropics, can be
               | delivered, to be burned in an existing combined-cycle
               | turbine. That storage is some mix of batteries and tanked
               | ammonia.
               | 
               | Well-provisioned solar farms can synthesize and tank
               | their own ammonia during periods of excess production,
               | and sell excess (over what local tankage holds) on the
               | open market.
        
               | konschubert wrote:
               | I mention ammonia in my comment. I think we agree.
        
           | 6510 wrote:
           | We've used wind for 5000 years when it was available. It just
           | takes a bit more time to wear out the machines if they sit
           | there waiting most of the time.
           | 
           | Someone in Iran told me these are about 3500 years old
           | 
           | https://www.youtube.com/watch?v=H48TV-Wb9NQ
        
             | cma wrote:
             | Wrong link?
        
               | 6510 wrote:
               | thats so weird, the link is from the previous video in
               | the same tab. spa's are a terrible idea :P
               | 
               | https://www.youtube.com/watch?v=3ugw7-BwsmI
        
           | ZeroGravitas wrote:
           | A bit more clarity: right now, and for the rest of this
           | decade just rolling out a lot more renewables will be the
           | cheapest way to replace carbon generating sources which are
           | right now burning and spewing carbon into the atmosphere to
           | generate electricity around the globe.
           | 
           | So, there is a long term need, in order to reach a goal of
           | 100% carbon free electricity (generally set for about 2035)
           | for more on-demand resources (including responsive demand),
           | but it is not the most pressing concern right now. And even
           | when it is, it'll account for a small fraction of the total,
           | like 10% or so.
           | 
           | (Luckily, batteries are gettting rolled out already because
           | they have positive economic value in various niches, like in
           | cars, frequency response, avoiding congestion and network
           | upgrades so the ramp up is looking good)
        
         | lm28469 wrote:
         | > we just can't build them without cost overruns and massive
         | delays.
         | 
         | Which isn't a problem, nor even a concern, for big rockets or
         | weapons tho
        
           | all2 wrote:
           | You can't shoot the bad guys with a nuclear power plant, so
           | no selling it using fear.
        
         | xenon7 wrote:
         | Would it be wrong to assume that we're dealing with an Apollo-
         | style issue here (we "no longer have the technology to do it
         | efficiently")? I'm certainly not an expert on nuclear power,
         | but it is a little odd how the average nuclear reactor in the
         | US is 42 years old [1].
         | 
         | [1]: https://www.eia.gov/energyexplained/nuclear/us-nuclear-
         | indus...
        
           | throwaway4aday wrote:
           | It's just the U.S. China, France, and Japan have all
           | successfully built nuclear at scale. I won't be surprised if
           | developing nations in Africa start lapping the U.S. on
           | nuclear power in the next few decades. They certainly have
           | enough Uranium to do so.
        
         | briffle wrote:
         | These are to be mass produced, and shipped to the site. So
         | really, the first few will have cost overruns and delays, but
         | then they should be able to re-use all the tooling, processes,
         | transportation equipment, etc, to get the rest going.
        
           | petre wrote:
           | Only the reactor vessel which is probably one of the most
           | expensive parts of the entire project (21%), along with the
           | turbine (18%). Construction, engineering services, structures
           | are probably where the bulk of cost overruns are happening.
           | 
           | https://ifp.org/nuclear-power-plant-construction-costs/
        
         | ViewTrick1002 wrote:
         | > And this is a loss, because we need non-variable energy
         | sources to augment wind/solar/tidal.
         | 
         | We need dispatchable energy to complement renewables. Nuclear
         | is on the complete opposite side of the dispatchability
         | equation with high CAPEX and low OPEX.
         | 
         | Like the cancellation exemplifies, even running at 100% nuclear
         | is wholly uncompetitive. Being dispatchable means vastly
         | lowering the utilization rate.
        
         | anvil-on-my-toe wrote:
         | I wonder why the Navy or Core of Engineers can't make civilian
         | nuclear systems. It arguably would have made us safer as a
         | country to have energy independence by investing dollars in
         | reactors for domestic use instead of for warheads and nuclear
         | submarines.
        
           | ViewTrick1002 wrote:
           | Because their customer, the US navy, is the world's least
           | price sensitive customer. That does not translate into
           | competitive products on cutthroat markets.
        
         | treypitt wrote:
         | that's just America, and its not just nuclear, it's civil
         | engineering & construction projects of all kind that have
         | ballooned in complexity and cost due to myriad political and
         | regulatory causes. France can build reactors cheaply and easily
         | due to standardized reactor designs; I'm not sure the US has
         | ever replicated a reactor build (ie, every reactor is built in
         | a different & unique way)
        
           | avar wrote:
           | > France can build reactors cheaply and easily[...]
           | 
           | It can? https://en.wikipedia.org/wiki/Flamanville_Nuclear_Pow
           | er_Plan...
        
           | ZeroGravitas wrote:
           | > France can build reactors cheaply and easily due to
           | standardized reactor designs
           | 
           | Your information on french reactor building prowes is several
           | decades out of date.
        
         | Gravityloss wrote:
         | As a civilization we have been capable of that multiple times
         | in multiple places. Those technologies are not lost. In fact
         | there are now new reactor projects that are simplified from
         | older ones that could be built potentially fast.
         | 
         | People generalize a lot! There are a large variety of nuclear
         | reactors. Even construction projects of the same design vary
         | somewhat.
        
           | cinntaile wrote:
           | Potentially being the key word here. They don't seem to
           | succeed when going from theory to reality so far.
        
             | Gravityloss wrote:
             | That's not true, there have been successes.
        
       | jes5199 wrote:
       | I think it's time to give up on nuclear. Solar+Wind+Batteries
       | continue to get cheaper. Nuclear doesn't seem to have a
       | detectible learning curve at all
        
         | chrischattin wrote:
         | No one has done more to harm the environment than
         | environmentalists that advocate against nuclear power.
        
           | barbazoo wrote:
           | > No one has done more to harm the environment than
           | environmentalists that advocate against nuclear power.
           | 
           | I mean we all learn from our mistakes, I surely was against
           | nuclear power when I was young but I think for ok reasons.
           | Now the world is in a worse spot than it was so I changed my
           | mind a little. Still, it's silly to pretend that that caused
           | more "harm to the environment".
        
           | jes5199 wrote:
           | that may be historically true, but today you can build much
           | more KW of solar+batteries than KW of nuclear for the same
           | price. Continuing to advocate for nuclear is throwing away
           | money that could be spent on the green transition.
        
         | barbazoo wrote:
         | Solar+Wind+Tides+Hydro+Geothermal+... it's also beautifully
         | decentralized and low risk if done on a local, small, scale.
        
         | ViewTrick1002 wrote:
         | The learning curve has been negative all throughout nuclear
         | powers 70 year lifespan.
        
       | IceHegel wrote:
       | This should not be allowed to happen.
        
       | proee wrote:
       | Musk claims we can run the entire US off a 100 square mile solar
       | arry + battery storage.
       | 
       | Does it make economic sense to just start working on this as a
       | country, or is this still too cost prohibitive?
       | 
       | Seems like a system that you could upgrade over time as the tech
       | gets better.
       | 
       | What are the downsides of such a concept?
        
         | angiosperm wrote:
         | The right place to stop reading is right after "Musk claims".
         | 
         | Somebody told him a 100-mile-square array, i.e. 10,000 square
         | miles, would suffice. Of course you build much smaller farms
         | close to where the power is needed, instead.
         | 
         | And, of course, solar farms are being built today. We should
         | build them faster.
        
       | lacrosse_tannin wrote:
       | what do you guys thing about cleaning up the defunct ones? Like
       | the one in San Diego is just going to be there for the next 10000
       | years?
        
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