It was a bad call to stop, but now it’s an equally or worse call to start again.
Renewables win on essentially every measure and get better every day while nuclear gets worse every day.
Another important point is the flexibility of wind and solar. The minimum investment to get some power out of them is very low, and a park can start generating power before fully completed and can easily be scaled up or down in capacity during construction if estimates change.
Nuclear on the other hand is a huge up-front cost with little flexibility and no returns until completion, which could take a decade or more.
Even if it wasn’t more expensive, nuclear would still be financially risky. Many things can happen that effect power consumption and prices during the time it takes to build a nuclear plant. It can still be valuable for diversification though.
That’s a lie. Renewables produce more CO2 than Nuclear reactors per unit energy produces. They can also be significantly more dangerous (higher number of deaths per unit energy) in the case of hydro power or biomass. Solar and batteries require various rare materials and produce significant pollution when manufactured and must be replaced every 20 or 30 years.
That’s a lie.
Not really, no.
Renewables produce more CO2 than Nuclear reactors per unit energy produces.
From what I gather, wind is on par with nuclear. Other renewables have slightly more than either wind or nuclear, but compared to the other nonrenewable alternatives either option is far better.
They can also be significantly more dangerous (higher number of deaths per unit energy) in the case of hydro power or biomass.
You left out that solar and wind are largely on par or safer than nuclear per unit of energy. All of these options are again far safer than other nonrenewables.
Solar and batteries require various rare materials and produce significant pollution when manufactured and must be replaced every 20 or 30 years.
As opposed to the ever so clean extraction and storage of nuclear fuel? Come on.
And all of this leaves out the most important aspect - nuclear is incredibly expensive compared to renewables, and is trending more expensive each year, while renewables are trending in the opposite direction. This means that for the same amount of resources, we will be able to displace more nonrenewables, leading to a net reduction in deaths/emissions pursuing this route as opposed to nuclear.
Of course, I have nothing against fully privately funded nuclear. If private actors can make the economics work under safe conditions, then nuclear construction is an obvious net positive. When they displace public investment in renewables, however, then they are a net negative.
This article makes me think I gotta buy some nuclear stocks, but I am hesitant because lemmy might be late on hype cycle. What do you think
Proliferation. Nuclear waste. Long term storage of said waste. Dependence on raw materials that are only available in a few places. Lack of economic viability. Lack of clear timelines for development of new technologies. Monopolistic practices of proprietors. To name just the most important ones. Oh, and the old blowy uppy thing, of course.