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Global inflation fears as oil price rises towards $100 a barrel
(www.theguardian.com)
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this post was submitted on 18 Sep 2023
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Unfortunate that they don't have the workers to maintain them, the failure to maintain existing reactors has resulted in blackouts as urgent repairs occur, and the only way to make nuclear seem to work is to nationalise the debt and make everyone pay heavy taxes to cover up the losses. But hey, eight new reactors planned, that's not a goldilocks!
Albania, Iceland, and Paraguay all hit 100% renewable also.
And the clue is in urgent repair. It is incompetence that lead to increased cost, and fines should pay for the consequences of the incompetence, not raising taxes.
... No, please read up on the topic. It wasn't possible to make profit. The cost of supporting and maintaining the reactors was too much. Without exorbitant electricity prices, there's no profits. So the govt is taking on the debt and will tax to service the debt. Nuclear doesn't add up financially. You need a entire mature industry to service the reactors. Without that, the operating costs get excessive. Nuclear isn't cheap. It only works when the govt subsidises. That equals higher taxes.
LOL and nuclear power is known to be extremely cheap per kwh when it gets up and running. It doesn't take exorbitant electricity prices to recoup the cost of building the facility in reasonable time.
The real trouble comes from political activism that serves to drum up outrage and popular dissatisfaction with nuclear power, which is what actually makes nuclear power unprofitable because of government overreach.
And besides, nuclear is a multinational effort, just like defence. You don't need that industry in your borders, you just need a bigger ally with more resources and scale to build that industry for you. And some part of nuclear power is for military purposes anyway, so you know the countries with the requisite industries already.
Besides, all technology needs investment. Solar power sucked initially and had to ramp. If you don't give a chance for nuclear power to get good, then you just made a self-fulfilling prophecy. A naysayer that would make you.
Lol, nuclear has had plenty of time and money. It doesn't work. Renewables don't have similar barriers and are the clear path forward.
Sounds like dogma to me.
I prefer data based fact, but you can call it hootenanny for all I care. It doesn't change the facts.
You don't even provide facts and then you say you have data based facts.
What fact do you disagree with?
Nuclear works, and it works well enough that operators retire reactors because of age, not because of mishap or cost.
That's an opinion. You haven't supplied any supporting data. And retiring reactors from age is not a qualification for "works well enough". And renewables work well enough better.
I don’t understand what you’re arguing. There has been no maintenance failure. They delayed maintenance during the recent energy crisis, but the reactors remain perfectly safe. Do you think pointing out the fact that reactors require maintenance is an argument against nuclear? Do you have any idea how much maintenance is required for wind and solar?
Albania, Iceland, and Paraguay rely on primarily hydro power. The same as Tasmania. You appear to be using the same argument as above, refusing to acknowledge that most countries are unable to utilise hydro power generation. Give me the case for how every other country in the world is able to rely on hydro. Show me your working. Provide some citations.
Nah boy, you claimed nuclear is the answer, yet no one runs 100% nuclear. You have several examples of renewables already delivering 100%. And none of them are 100% hydro. RENEWABLES, not just hydro, are the clear and unmistakeable winner for energy provision. Fucking around with nuclear has been proven to be too expensive and not maintainable by the best example you have, France.
And no one has resolved the nuclear waste issue which makes nuclear the worst possible environmental choice for energy. I'm not gong to bother to cite anything so self evident. You want to claim otherwise, you shown us your citations.