First planned small nuclear reactor plant in the US has been canceled
First planned small nuclear reactor plant in the US has been canceled
NuScale and its primary partner give up on its first installation.
First planned small nuclear reactor plant in the US has been canceled::NuScale and its primary partner give up on its first installation.
Might save you a click:
Too many investors pulled out of the project, at least in part due to rapidly falling prices of renewables.
Yeah the same reason nuclear is being rejected everywhere, it's economically unfeasible and a huge liability - no one wants to end up with a hugely expensive powerstation that no one wants to buy power from because it's a thousand times more expensive per kWh than any other option.
It is time
Solar power was actually pushed by big oil in the 70s, 80s and 90s because they were afraid of nuclear.
Solar was not viewed as a viable energy system by big oil back then.
Does solar power use some rare earth minerals and stuff like that? They own those, but you probably need them for nuclear and others
Yeah go ahead and make a solar system with the dirt you have on your land. All you are doing is supporting one group of corporations over another. Worst argument I have ever seen for solar is what you have presented today.
Hey everyone, this comment doesn't say that solar is bad. It says this isn't the argument for solar the OP thinks it is. Solar requires a whole lot of mining and refining. Nuclear actually requires less. Using the same argument, nuclear is the better option. It's just a stupid argument.
I remember so many nuclear stans on lemmy a bit ago refusing to acknowledge that renewables are getting so good and cheap that they are more important to solving climate change than nuclear. I wonder how they feel seeing investors pull out in favor of renewables?
Like crap? Renewables are good in places where they work. Nuclear works everywhere and is more reliable.
Investors pulling out of a nuclear project like this just looks like a, really dumb kneejerk reaction. "Oh! New shiny thing!"
Nope, the writing was on the wall for almost a year on this one. The whole nuclear industry in general is a long history of cost and schedule overruns. This is more of the same. Investors are not dumb.
You can invest in a solar or wind deployment and have it running and producing revenue in six to twelve months. You can invest in nuclear with a stated schedule of five years, have it blow past that mark, needing more money to keep it going (or write the whole thing off), and then start actually getting revenue at the ten year mark. This isn't mere speculation, it's exactly what happens. Oh, and it's producing at least half the MWh per invested dollar as that solar or wind farm.
It's amazing anyone is putting any money into nuclear at this point. For the most part, they aren't. The federal government has shown willingness to sign new licenses for plants. Nobody is buying.
SMRs do not appear to change any of this.
Now, something I think we should do is subsidize reactors that process old waste. Lots better than the current plan of letting it sit around, and probably better than storing it in a cave for millenia, too.
I’m in both camps. We need massive amount of renewable energy installed and we should keep going.
But there comes a point where the last 20% will be extremely expensive to do via renewables. We will do the last 20% much cheaper if we keep our nuclear expertise and plants going.
I’m not saying “build only nuclear”. I’m saying “keep it going”.
I agree with this. I like nuclear, I think it's neat, but I think it will be a minor player in solving climate change and meeting energy demands (unless there is some miracle breakthrough in fusion). It is perfect for specific locations/contexts.
I'm just bothered by:
People who think nuclear everywhere is the only possible solution to getting off fossil fuels, and have unrealistic expectations about its ease of building and price
and
People who trash talk solar and wind while being wholly uninformed about how effective and cheap those things are, and how fast they are getting cheaper and more effective.
For some reason, these people are often the same people.
Eh, classic problem. By the time we all realize something was actually a good solution and should be used, it's time to move on. And some people don't get that memo as quickly.
Might be easier to get people's opinions if you don't insult them in the first sentence.
"stan" is a common word for excessive fanatic. It isn't always purely an insult. I also was specifically referring to people that were pretty rude in their behavior before. Feel free to assume I'm not talking about you, I'm not saying there is anything wrong with people who like nuclear.
Think of me as a solar stan if it makes things simpler
Nuclear stans? Us vs them thinking here.
Yes my political opponents are the people I disagree with. I don't see your point here.
Fixing our energy demands so they stop fucking the planet doesn't require us to hold hands and sing together, we just have to invest in the proper energy infrastructure. Arguing about what energy infrastructure is proper is a good way to make sure we are looking at all sides of this.
Edit: man, quiet downvotes annoy me. Please, let me know what I said that drew your ire so I can determine whether I've made an ass of myself or if we just don't agree.
It was such a unnecessary opinion that turned up so often on social media that I have to imagine it was seeded by mining companies.
Well you still can't meet normal demand with how unreliable renewables are.
We still need the good and cheap batteries that doesn't exist yet for it to be viable as a baseline power source.
It's already a baseline source in many areas.
Hi! Your information is outdated and we very much have the technology necessary to meet energy demand with renewables.
Damn
Welp at least the Saudis will be happy.
True, it does prove their six billion investment in making the largest solar project in the world was a great idea.
Hopefully they'll continue their plan to invest almost half a trillion dollars in renewables this decade.
You taking financial advice from the Saudis? Ok then.
This is the best summary I could come up with:
Nuclear power provides energy that is largely free of carbon emissions and can play a significant role in helping deal with climate change.
One hope for changing that has been the use of small, modular nuclear reactors, which can be built in a centralized production facility and then shipped to the site of their installation.
Their smaller size makes it easier for passive cooling systems to take over in the case of power losses (some designs simply keep their reactors in a pond).
The government's Idaho National Lab was working to help construct the first NuScale installation, the Carbon Free Power Project.
Under the plan, the national lab would maintain a few of the first reactors at the site, and a number of nearby utilities would purchase power from the remaining ones.
NuScale CEO John Hopkins tried to put a positive spin on the event, saying, "Our work with Carbon Free Power Project over the past ten years has advanced NuScale technology to the stage of commercial deployment; reaching that milestone is a tremendous success which we will continue to build on with future customers."
The original article contains 505 words, the summary contains 185 words. Saved 63%. I'm a bot and I'm open source!
1 small nuclear reactor exploded killing 3 people like 60 years ago and now they can never be built again. Meanwhile, how many people have died doing wind turbine maintenance? More than 3 probably. Yet they're everywhere.
It's like they don't actually want to do anything about climate change.
We've wasted so much money in r&d simply because it's a tech that allows the rich to maintain their power monopoly, if we'd spent all that on more sensible options we'd be far closer to an ecologically sustainable future.
What's not sensible about nuclear power?