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My reason for disliking Carter is that even though he (a Navy-trained nuclear engineer) understood what was going on during the Three Mile Island accident and could have told the nation that there was nothing to worry about, he apparently didn't want to upset anti-nuclear activists in his own party. While that was only a small part of the PR disaster that TMI was, in my mind that makes him partially to blame for why the US abandoned the adoption of nuclear power for electrical generation, which in turns make him partially responsible for global warming (very partially - it's not like Carter is responsible for what China and India have been doing or will continue to do in the next century).
If you actually look at nuclear development, electricity deregulation made it impossible to do the long-term funding to build nuclear reactors, because the time to get your money back is such a long tail.
It's not a surprise that France, the only country that continued to basically directly control nuke reactors via the gov't were the only ones to continue to really build them. Ironically, in a situation where a New Dealer like Hubert Humphrey was POTUS, nukes might've been better off.
Depends on whether you look at the cost before or after the government imposed regulations that make it impossible for nuclear to be cheap, specifically the "as safe as possible" standard (as opposed to "meet X bar of safety as cheap as possible").
https://postimg.cc/PLQH3hdn
It's perhaps worth contemplating who was president at the time of the price spike.
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Didn’t we just have high interests rates which could admittedly be a problem.
But our economy funds many long term projects in deregulated industries. I’d like to see what your actually referring to but the best I’m guessing it’s based on receiving variable pricing.
Here's a Twitter thread to peruse - https://twitter.com/jmkorhonen/status/1625095305694789632
That can't be true, since the cost of nuclear energy actually increased over time - primarily due to regulations that complicated construction. The US for instance had the capital cost of a plant rise enormously. See figure 7.11: https://rootsofprogress.org/devanney-on-the-nuclear-flop
The difference between $1000 and $4000 (or even $8,000) per kilowatt of capacity is massive, more than any deregulation effect. There is no such effect in South Korea or India - this proves it must be a regulatory issue.
See the ridiculous regulatory constraints imposed on US nuclear power plants further in the article.
It's basically racketeering:
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Ok so this isn’t deregulation bad. It’s nuclear was not economical unless government gave them pricing power.
And ignore that a big reason why nuclear got super expensive is excessive regulation after 3 mile/Chernobyl.
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I wonder how much better our nuclear power would be if we had continued to develop it. Seems like 50+ years of development, with billions of dollars poured in per year, would lead to much safer, more consistent, cheaper, and more powerful reactors. China and India would certainly switch to nuclear if it were actually the economical option. If we could even get nuclear close in price to coal we could bribe them to switch over by subsidizing the costs. Seems highly plausible to me.
There has been quite a bit of development of reactor technology, even just within what are now seen as the boring, old and busted design of Pressurized Light Water Reactors. So-called Gen III+ Reactors have substantial improvements in safety and operational efficiency (how much time they spend generating electricity (and thus $$$) vs. time spent shut down for maintenance).
The main way to subsidize costs would be guaranteed zero- or low-interest loans, combined with some reduction in red tape; the main thing that makes nuclear cost-prohibitive right now is the ridiculous amount of time it takes to go from "we're thinking about building a nuke plant here" to "actually generating electricity". The NRC safety certification process is important and shouldn't be circumvented, but what needs to be stopped is every single anti-nuclear organization being able to file NIMBY-lawsuit after NIMBY-lawsuit that keeps the project tied up, with loan interest accumulating the whole time.
Other more advanced reactor design concepts are interesting but PLWRs have 70 years of design and operational experience behind them now, which makes them quite hard to dislodge from their dominant market position.
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Do you mean like this?
from here - At least as of 2021, china's use of nuclear power isn't much larger than its use of other alternative energy sources. They're investing in it, but solar and wind are growing more rapidly.
There's something weird about it, because the chart with absolute numbers shows higher nuclear than wind production, while the relative chart is showing the opposite (and a ridiculously small proportion of gas power for some reason).
If you take the numbers for their planned expansion from my article, and the absolute numbers chart, nuclear production would nearly double. But I guess there's the question of how long it will take them, at what cost, etc.
I think you have it set on 'world', when I click 'change country' in your chart and click 'China' I get this with wind=655 and nuclear=407
Oops, I thought it kept the settings.
Ok, so they're planning to 5x their nuclear production, which would put it above where even hydro is at the moment. Of course the question of will they pull it off remains, and wind and solar will probably grow in the following years as well.
But my original point stands, it certainly looks like they are (at least planning on) switching to it.
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I have no reason to doubt this, but it does seem odd to me to suggest that the lack of a green lobby means a country will default to pragmatism when it comes to energy. Do China and India not have their own set of political challenges (say a fossil fuel lobby) when it comes to nuclear or is really as straightforward as nuclear failing on one or all of cost/skill/payoff?
Of course someone who knows these countries can tell me I'm wrong and I'll accept that, but I worry that the reasoning is along the lines of 'because they don't have the same problems as the West, they don't have a problem', where the 'problems of the West' are the only things we would think to look for.
Not sure about energy policy in those countries in general, but I would be shocked if they had fossil fuel lobbies.
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China at least already seems to use more nuclear than us, so my read is that they are already defaulting to pragmatism. Less sure about India I guess. My read in general is that somewhat poorer countries have less qualms with this sort of thing but I could be wrong.
To be clear I was saying less "If we had fewer qualms they would have fewer qualms" and more "they seem to already have few enough qualms that the cost/skill/payoff trade is all that matters"
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A lot of Nixon- and earlier-era funding for nuclear power research was kinda spending good money after bad: the institutional views of the major players were focused on a number of specific assumptions (limited uranium availability, funding preferring large single reactor sites, high concerns about nuclear weapons proliferation from power plants) that lead to some really goofy focuses (eg, anything involving molten salt reactors, incoherent positions on breeder reactors, multi-gigawatt PWRs are a mainstay despite decay heat issues).
That said, not turning civil development into a mindfield would have probably allowed far greater private research and development along saner lines. Which I think is far greater an issue than Carter's PR approach to TMI.
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