| ▲ | jmyeet 2 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Short answer? No: > Nuclear development is a long-term project, not a short-term fix to current energy insecurity. Long answer? Still no. Flamanville [1] took 15 years (1o over estimate) and the cost was five times what was projected. Hinkley Point-C [2] is first projected to come online in 2030 (18 years after commencement) and the costs will at least double. Both are mentioned in the article. The amortized cost of nuclear power makes it among the most expensive forms of electricity generation. And they take forever to build. Not a single nuclear power plants (of the ~700 built in the world) has been built without significant government contributions. And they won't get cheaper. SMR (also mentioned in the article) doesn't make sense. Nuclear plants are better when they're bigger. SMR is just another way of extracting money from the government for dead end research. Europe as a whole has a history of colonialism. This is the basic for European social democracies: offshorting their problems and costs onto the Global South. They've taken the same approach with energy. In the 2010s, Europe outsourced its energy security to Russia and that has had obvious conseequences for Ukraine. This was actually an incredibly rare W for the first Trump administration: in 2018 the administration warned Europe of the dangers of Russian gas and badgered Germany into building an LNG port with the Trump-Juncker agreement [3]. This was both correct and fortuitous after Europe suddenly needed to import a lot of LNG from 2022. Europe also outsources its security to the United States and that's partly why they're in this mess now. Europe is suffering for providing material aid to a war of choice in Iran that they didn't consent to or otherwise want. The article mentions the issue of finding money for defence spending to meet US demands. That's money primarily for US defense contractors. You think that might be an issue? Renewables, particularly wind and solar, are the path forward. As is divorcing itself from being a US vassal state. A lot of Europe's policies come down to the failed austerity policies after 2008. Taxing wealth and barring profit shifting to low-tax jurisdictions is the path forward here, not strangling ever-decreasing social safety nets. Austerity is corporate welfare for banks. [1]: https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan... [2]: https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_... [3]: https://www.csis.org/analysis/us-lng-europe-after-trump-junc... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | jemmyw 2 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Although I'm not a huge proponent of nuclear power over renewables, I'm not sure the overruns in those projects are a good argument. These projects become hard to cost and understand up front because so few are built. If the UK built 10 then the costs would come down and the knowledge and experience would grow. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | seer 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Is it worth the price of energy sovereignty though? You are not just buying electricity, you are buying future independence. It might be worth it if you factor that in. And don’t forget all the other expertise that comes from being a country that is able to build reliable nuclear reactors. China is _the_ production superpower not just because it can build x or y, it’s because it has all the supply chains to be able to do it at scale. If a country invests into that expertise - you get a lot of very capable engineers, a lot of tech and supply chains to deal with making it all happen, again and again, at scale. That in itself would be something that can offset the raw “price” of a single reactor, though it is very hard to quantify. Like how much has USA actually lost by relinquishing its historical role of guarding international trade? Maybe it won some independence, but maybe the upstream effects to its economy would be bad? We don’t know for sure about nuclear, but when a similar scientific project was put on a national scale - the space race - USA got silicon valley out of it. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | OneDonOne 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Has Germant's Energewiende helped with solving this energy issue? | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | someotherperson 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
> Renewables, particularly wind and solar, are the path forward You missed the asterisk where endless dependence on coal, gas or oil is a non-optional requirement. Who the hell cares if nuclear is expensive to get going? Plenty of things cost a lot - healthcare, social spending, roads, all of it. Those war machines that exist to prop up the fossil fuel industry cost a pretty penny as well. It's only when we get to nuclear that the talking point becomes cost. If governments don't even want to provide energy independence then perhaps they should end the slavery they call income tax. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | unethical_ban 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Not arguing that solar+wind are more and more viable and economical. But there's a weird juxtaposition here: You criticize the fact that nuclear power must be subsidized to be accomplished, but support strong social safety nets. To me, relative energy independence is a core societal goal and nuclear is a hell of a lot better than coal or oil or NG. It still requires fissile material, though. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | jimbob45 2 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
in 2018 the administration warned Europe of the dangers of Russian gas and badgered Germany into building an LNG port with the Trump-Juncker agreement I don’t know how fair that is. Modern leaders looked at Appeasement in pre-WW2 and thought they could pull it off by tying their economies to that of their enemy so that war would be ruinous for both. It didn’t work but only because we now know China is bankrolling Russia’s sham economy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||