Nuclear seems to only work if nation-states build and operate it directly - no private firm can build them profitably and on time.
If you can get the us federal government to be functional again or have a path to doing that, please let people know, but with the current defunding everything mindset and general gridlock and one bill a year passed I think solar will be much cheaper by the time you even start breaking the ground on a thorium reactor.
>Nuclear seems to only work if nation-states build and operate it directly - no private firm can build them profitably and on time.
Nation states are not able to run the plants profitably either, they just don't run out of money.
Look at France, the US, UK, Germany and Japan for example. They all have immense costs related to nuclear power that is not covered by the sale of nuclear electricity.
Yeah, but if your intent is to support industry by having cheap energy costs that works out for you. Same reason public transit and police run at a loss, in theory.
>Yeah, but if your intent is to support industry by having cheap energy costs that works out for you
Short-term perhaps, but pretending that something expensive is cheap doesn't really work in the long run.
Investments are supposed to be an initial cost upfront that pays off later. Like building roads, bridges and such. For energy, an investment would be to take the cost of a renewable infrastructure, energy storage, solar roofs and such. Once they are in place they have minimal costs and give extremely cheap and reliable energy (reliable because of the distribution and redundancy).
Nuclear is kind of the opposite, you get the payoff upfront but have to pay an unknown amount basically forever afterwards. This cost eventually catches up to you.
France today is in a manner of speaking still paying for electricity they consumed in the 80s and 90s by bailing out EDF. Yet the common opinion still seems to be that they have "cheap electricity".
I think France has the most expensive energy infrastructure in Europe, and it will sooner or later become impossible to pretend otherwise.
> If you can get the us federal government to be functional again or have a path to doing that
Impossible.
Federal government in US is failing along with the rest of large scale western style governments. They are too big, cost too much, and have too many fundamental structural deficiencies.
The model of having professional class of administrators and politicians running the country as part of a massive bureaucracy is one that can't work as it is unmanageable and full of conflicts of interests, moral hazards, political market failures and so on and so forth.
They carry on just through inertia at this point. Their one talent is creating a image of control and stability without actually providing any.
If you ever worked in a large publicly traded corporation and realized just how dysfunctional they are as a organization, multiply that a thousandfold and you have modern western governments.
Nuclear is expensive and doesn't work because there are a lot of people in power and next to power that don't want it to work.
> Federal government in US is failing along with the rest of large scale western style governments. They are too big, cost too much, and have too many fundamental structural deficiencies.
How do you see those governments failing, and when?
When sorting countries by tax burden (as a percentage of GDP), then you will find that there are tons of extremely livable countries at the top (wealthy European nations), while basically everything under ~10% GDP taxation is a 3rd world disaster.
How big of a GDP percentage would you propose can a government take at most and not "invariably fall apart"?
There are also a lot of people on the ground that don't want it to work, or will protest it, and that's where state power seems to work well to cut through opposition and just build things. Certainly a lot of tradeoffs are made to allow that but the Chinese government seems very good at building.
I'm not sure if it's the model or the particular culture working though - aren't there also a lot of party bureaucrats over there? So the core is authority or agency directed at the center of it, I think.
So get government out of the space here. Keep essential regulations for ensuring safety and so that insurance companies can cover liabilities. Let the free market play it out.
If the profit incentives are there(which there are as higher EROI = lowest cost per kWh), then it is a race to who can provide the product(energy) at the lowest cost more reliably.
Government unfortunately has a monopoly here as traditional reactors had proliferations concerns, needed much large capital, and political will. But if reactors can be modular and costs low that a city could afford it, then you can also have decentralized reactors just like you have with solar.
Like I said, if you have some pathway to a functional government (either to cut regulations sufficiently or to build it, I don't think either is much simpler) then you should get on that part first. But I'm not holding out much hope. We can barely reduce regulations to build houses, and voters like houses. You'll have environmental protests a plenty for city scale small reactors if they're in anyone's "backyard" at all