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pravus | 2 years ago
That's why we aren't getting nuclear right now. Once the regulatory hurdles come down and all of these questions get answers it'll be clear how to make a return on nuclear investment and that will attract investors.
Also, solar (and all other "renewables") are only quick to build assuming you have raw materials. We are probably going to be hitting a raw materials crunch soon because virtually all new technology is pulling from the same resource pool (copper, molybdenum, nickel) and cheap extraction is effectively gone.
Also, from an investment point of view, I'm not sure why you'd prefer a more volatile commodity. All commodity markets were set up to reduce volatility and base-load power is a huge reduction of electric grid volatility. You are telling me you'd prefer a world where you have intermittent failures because you could set it up more quickly than have reliable, constant, always-on base power for cooling/heating, food, hospitals, etc. Most people think that's a bad trade-off, hence the desire to have nuclear become the base-load provider fuel of choice.
tremon|2 years ago
asadotzler|2 years ago
Qwertious|2 years ago
pydry|2 years ago
Baseload with 5x the LCOE of intermittent sources that takes 10-15x as long to build just isnt valuable to civvies when there are plenty of cheap enough storage options.
It's valuable to the military though.
Qwertious|2 years ago
It shouldn't be the default, but it has plenty of niches where it's clearly the best choice - for instance, in Japan/Korea/etc where the bulk of their energy is imported liquefied natural gas. There's very little space to build solar/wind and so nuclear makes a lot of sense there.