dobrojim wrote:pancakes3 wrote:dckingsfan wrote:When it comes to energy, the problem is that if you build it they will come. What does that mean? It means that the world has an insatiable appetite for energy. We are building out new clean energy at record pace but just using more energy.
The transition was always going to be ugly. I just didn't see it being this ugly.
That and we have now blown past 1.5c on our way to 2c.
just my 2 cents, most of the reasons why the transition is ugly is not a partisan problem; it's bipartisan blame stretching back 40 years. Three Mile Island in 1979 killed the growth of nuclear power in the US due to public perception and local governments NIMBY'ing. Then the federal government decided to not promote policies and taxes that would curb fossil fuels and promote energy development. And the flip side of that coin is that energy companies are the ones building the plants so to them, and they're not lobbying for one form or the other - just maintain what's cheapest, which will always be the incumbent coal system.
It takes about 10 years from permitting to get a nuclear plant up and running. There were no new reactors built in the US for 40 years between TMI and just recently in Georgia in 2023. The existing plants are humming along just fine, and through improvement of process, have increased power production significantly out of those existing reactors, but as US energy demand grows, the proportion of energy that nuclear provides shrinks, relatively.
this is all just basic, nonpartisan consequences, which highlights the problem with even traditional, Romney-type republican rule. The pre-trump republicans want minimal government oversight but with a lack of policy, the country is beholden to the whims of the corporations who move the invisible hand. there are large scale, society-impacting decisions that need to be made that the invisible hand does not solve. a refusal to act on those decisions is in itself, detrimental.
Nukes have 2 issues working against them they are unlikely to EVER overcome:
1. They can’t be made price competitive with renewables and that combined
with the extremely lengthy timetable to build leads directly to #2
2. Capital markets HATE them. They are WAY too risky to invest in.
They are only being built in command economy nations. No private
market investor with any savvy would consider investing in them.
There are far superior investment opportunities.
BTW, existing plants are nearing or at the end of their projected lifespans.
Decommissioning them is going to be a hugely expensive undertaking.
re: cost-competitive - I'll concede the point re: actual dollar costs partly because the overall conclusion that nuclear costs more than renewables is true and partly because there are just way too much information that I'm not 100% sure on that suggests that renewables have a wider variance on cost, compounded with the issue of energy storage and location-dependence, really muddles the waters on just how much renewables are cheaper, even though, as mentioned, yes, on average, the cost is cheaper
re: cost-compettive 2 - my contention is that in putting actual dollar costs aside (i.e. considering hidden costs that the invisible hand does not solve) there are unquantifiable costs such as loss of green space, interference with migratory patterns, KW generated per SF, how we handle waste for each respective power source, general loss of nuclear r&d, etc. that do make a compelling case for nuclear to be part of the energy portfolio, especially with respect to fossil fuels, but also with a green energy portfolio.
re: cost-competitive 3 - my other contention is that this is a governmental issue, because capital markets have proven to be much to slow in adopting sufficient new tech to combat climate change. I reject the private market investor's savvy because these guys are too myopic in their goals, and things like infrastructure and energy (along with education, housing, food production and other essential markets) require governmental intervention or else the free market is going to screw it up. Private companies are not the ones making headway on fusion research (even though the first commercially viable fusion reactor is still probably decades away from viability), they're not the ones making headway on energy storage research, they're not spending dollars on increasing efficiency of PV cells or recyclable materials for turbine blades all of which are necessary to move the industry forward.
sidebar: this tech is all being built on the backs of grad students at national labs and research universities, and therefor the government needs to incentivize private corporations to invest in these nascent technologies to provide jobs for those grad students when they graduate. China graduates 1M engineers a year, partly thanks to their command economy. The US graduates about 250k engineers, a quarter of which are international students (it's like 75% international students for grad programs). The US government is doing these students 0 favors both in terms of growing their industry as well as their immigration policy. Read a shocking article that DeSantis is rolling up his sleeves to help the brain drain even though it is 0% of his job to do so, and arguably unconstitutional to be meddling with immigration policy (
https://fortune.com/2024/02/27/nvidia-billionaire-cofounder-florida-ron-desantis-ai-china-talent/)
re: general political point - I don't have a strong feeling either way. If we scrap every nuclear plant tomorrow, along with fossil fuels, and replace it with renewables, so be it. I may disagree with it personally but at least I can understand the counterarguments. This is what should be a partisan disagreement. The current partisan divide on energy is so far from what a sane political disagreement should be. Trump is still running on Drill baby drill, oil production is now being talked about by both parties as a matter of national security, fracking is back on the menu (Ohio just awarded bids to frack oil and gas under state parks, wildlife areas) it's absolutely mind boggling.