[HN Gopher] Georgia's big new nuclear reactors could be the last...
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       Georgia's big new nuclear reactors could be the last built in the
       US
        
       Author : epistasis
       Score  : 61 points
       Date   : 2023-03-14 21:53 UTC (1 hours ago)
        
 (HTM) web link (www.canarymedia.com)
 (TXT) w3m dump (www.canarymedia.com)
        
       | jmyeet wrote:
       | The article mentions SMRs and other advanced nuclear power
       | reactor designs that are still ridiculously far from commercial
       | reality:
       | 
       | > The advanced reactor closest to market in the U.S. is being
       | developed by NuScale, which has a nonbinding agreement to build a
       | first-of-its-kind SMR project in Idaho. The company has already
       | raised its projected power cost from $58 per megawatt-hour to
       | $89, even though it's still years away from even beginning
       | construction. The first module at the plant is set to begin
       | commercial operation in December 2029, NuScale says, but nuclear
       | project timelines are inevitably Pollyannaish and wildly off-
       | base.
       | 
       | Compare the $/MWh costs to other power sources [1].
       | 
       | I am not yet convinced nuclear power will _ever_ be economic but
       | I 'd like to be wrong.
       | 
       | For fission power in particular, I will point to one fact that
       | turns me against it. And that is the Price-Anderson Act [2]. This
       | is a Congressional limit on absolute liability (per-plant and
       | total). It's a complex system of industry insurance not too
       | dissimilar to the FDIC insurance premiums. Ultimately though the
       | government limits liability and would ultimately have to pay
       | anything in excess of that anyway.
       | 
       | And the more plants you have the more pressure and lobbying
       | you'll get to further limit that liability and shift all
       | potential accident costs to the taxpayer.
       | 
       | Companies are just terrible at managing long-term low-probability
       | risk. We see this time and time again.
       | 
       | [1]: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source
       | 
       | [2]: https://crsreports.congress.gov/product/pdf/IF/IF10821#:~:te
       | ....).
        
       | systemvoltage wrote:
       | I only hear about NuScale doing anything new in this space. Is
       | there anyone else or the US is entirely dependent on one
       | "startup" for it's energy future?
        
         | topkai22 wrote:
         | I don't follow the industry that closely, but I know TerraPower
         | (a Bill Gates vehicle) is actively doing things, including
         | building out molten salt reactors.
        
         | pkaye wrote:
         | TerraPower which is funded by Bill Gates.
        
         | charlieflowers wrote:
         | Hope it wasn't keeping its payroll money in SVB.
        
         | ed_balls wrote:
         | nope. royce rolls SMR, Toshiba. Pretty much everybody invests
         | in it.
         | 
         | There are others in US, but NuScale is the closest to a
         | product.
        
         | credit_guy wrote:
         | There are plenty of other startups and established players
         | pursuing NRC approvals for other reactor types. Here's [1] a
         | list put of reactors that the DoE is working on (together with
         | private partners)
         | 
         | [1] https://www.energy.gov/ne/articles/infographic-advanced-
         | reac...
        
       | fwlr wrote:
       | There's a statistic that floats around the internet claiming more
       | radioactivity harm from coal power than from nuclear power, based
       | on the principle that coal power is essentially aerosolizing tons
       | of particles with ever-so-slightly-higher-than-background
       | radioactivity and there's a lot more coal than nuclear.
       | 
       | One could probably derive a similar statistic for how much harm
       | nuclear over-regulation has caused. Perhaps of the form
       | "Chernobyl killed 60 people directly through acute radiation,
       | killed 60,000 indirectly through elevated cancer rates due to
       | spread of radioactive material, and killed 6,000,000* with its
       | second-order effects of supporting nuclear over-regulation that
       | caused increased use of coal and gas energy". (* This number is
       | completely made up)
       | 
       | It seems to me that changing over-regulation is nearly
       | impossible, as it requires making suicidally unpopular arguments:
       | "we _shouldn't_ weigh the risks", "we should care _less_ about
       | safety", " _don't_ think of the children", etc. The workable
       | solution is to find or make a receptive regulatory environment
       | (perhaps in a small country with large reserves of nuclear fuel
       | and large unpopulated areas to isolate reactors in, like say
       | Australia), use massive banks of nuclear power to power
       | commensurately massive carbon capture plants that turn airborne
       | CO2 back into synthetic coal and synthetic gasoline, and then
       | export these "completely clean conventional fuels" to the rest of
       | the world.
       | 
       | Using synthetic coal to run a coal power plant is essentially a
       | zero-capital plant retrofit achieving guaranteed zero emissions.
       | Putting synthetic gasoline in a gas station is essentially an
       | over-the-air upgrade to any conventional ICE vehicle making it
       | guaranteed zero emissions. It's sort of like carbon offset
       | credits except it bakes the carbon offset directly into the
       | product instead of relying on fragile and game-able links like
       | "we planted a tree to offset this pound of coal". A potent
       | offering and one that's hopefully hard to regulate against as
       | well.
        
         | Gwypaas wrote:
         | Why use nuclear energy when renewables do it without any
         | radiation or 3rd party hazard for 1/5th the cost? That sounds
         | awfully close to a solution looking for a problem.
         | 
         | https://www.lazard.com/perspective/levelized-cost-of-energy-...
        
           | scrlk wrote:
           | Is it still a 1/5th of the cost if you have you factor in
           | storage?
        
           | brutusborn wrote:
           | Because nuclear doesn't require the development of extra
           | storage on the grid, so ends up being cheaper in majority of
           | locations.
        
           | devmor wrote:
           | Because peak demand exists.
           | 
           | Renewables are cheaper and safer than nuclear power, that
           | much is undeniable. The problem they do have is that their
           | generation is sporadic. Until we solve the energy storage
           | problem, there has to be something else on the grid that can
           | be always online always delivering enough power to meet peak
           | demand.
        
       | jimnotgym wrote:
       | What's this doing on hn? It doesn't even mention GPT-4 in this
       | article? /s
        
         | wesoff wrote:
         | Funny.
        
       | Overtonwindow wrote:
       | Regulations have killed the nuclear industry, which I think is a
       | direct results of environmentalists and carbon energy producers.
       | We know we can make safer reactors but like high speed rail, more
       | housing, and pretty much every major infrastructure project, red
       | tape will stop it every time.
        
       | throwayyy479087 wrote:
       | Will be. Wind is the future of American energy. Every year it
       | pulls farther ahead.
        
         | gambiting wrote:
         | What's the American plan for baseline energy generation?
        
           | beisner wrote:
           | parent would probably say, "grid-scale battery storage". or
           | natural gas.
        
           | HWR_14 wrote:
           | Two very large grids. The wind is always blowing somewhere
        
             | Animats wrote:
             | If only. You can look at graphs of wind output for the big
             | grids, CAISO and PJM. Over large multi-state areas, wind
             | output varies over a 4:1 range in the course of a day. Wind
             | needs storage.
        
               | Gwypaas wrote:
               | Storage, or dispatchable energy, in whatever form is
               | given, but is it 1, 4, or 12 hours?
        
             | eldaisfish wrote:
             | I advise caution when claiming that the wind is always
             | blowing somewhere. One does not hear a lot of discussion
             | from the wind energy industry about the wind drought of
             | 2015 in the USA and Canada. The 2015 event caused some of
             | the lowest average wind speeds in fifty years.
             | 
             | https://www.newscientist.com/article/2078374-mystery-wind-
             | dr...
             | 
             | Climate change has proven time and again that these events
             | will be more likely. What then?
        
               | ajross wrote:
               | Uh... grid-scale failures of some kind happen in the
               | existing fossil-based infrastructure far (far) more often
               | than once every fifty years. That sounds like a solid
               | numerate argument _FOR_ wind to me.
        
               | Arch-TK wrote:
               | * * *
        
           | ajross wrote:
           | In the immediate term? 70-80% wind/solar works just great.
           | Fill the remainder with gas plants or whatever else you got.
           | Pick the high hanging fruit once that's done. If nuclear
           | wants to bid for that, then great. But it's gotta be an order
           | of magnitude cheaper if it wants a piece. Right now, quite
           | frankly, it's looking like it's going to be cheaper to store
           | the wind in batteries and pumped hydro than it will be to
           | break nuclei for that energy.
           | 
           | Everyone wants to have this fight on the fundamentals, but
           | everything is about tradeoffs. Nuclear isn't losing because
           | of out of control woke hippies or authoritarian regulators,
           | it's losing because it costs too damn much.
        
             | Arch-TK wrote:
             | * * *
        
         | 0xDEF wrote:
         | Entire industrialized European countries are running on pure
         | wind for days at a time. In the renewable energy space it feels
         | like wind is not getting enough attention and solar is getting
         | too much attention.
         | 
         | Wind combined with a long-range continent scale HVDC grid and
         | effective energy storage could be enough to solve the modern
         | energy demand.
        
       | hospitalJail wrote:
       | My nearest nuclear power plant closed. It lasted its full
       | licensed length, plus a 20 year extension. (Due to a problem,
       | they closed 11 days early)
       | 
       | I can't pretend to know why they need to be extended, but it
       | seems like some sort of contract by either the government, the
       | power companies, or some labor problem. I know this plant is in
       | the middle of nowhere + near a lake that is only nice 2 months of
       | the year. I imagine labor was not cheap.
       | 
       | Our governor asked for federal funding, but it doesnt seem like
       | it will happen.
       | 
       | I hope they turn it into a museum, but that is probably too much
       | to ask. I love looking at it from the beach, and I liked seeing
       | the steam coming out of it.
        
         | hanniabu wrote:
         | They have an engineered lifespan and things start falling apart
         | and becoming dangerous when you exceed that.
         | 
         | Many should never have been extended. They've had to change
         | safety tests and infrastructure tests so the order plans would
         | pass inspection.
         | 
         | This has always been my concern with nuclear. Yes we can make
         | it safe, but the human greed factor is always the weak point.
         | Regulations weakened, automated systems bypassed, skimping on
         | design decisions, etc.
        
           | tekla wrote:
           | > Many should never have been extended.
           | 
           | Which ones.
        
           | belorn wrote:
           | The only way I see that the decision to exceed the expected
           | life time was a bad decision is if they could have replaced
           | it with an other non-fossil fuel solution.
           | 
           | The problem is indeed human greed. Even with the accidents
           | that have occurred, I am still glad that people did
           | historically run with the risk over burning even more fossil
           | fuels. My concern over pollution, especially global warming,
           | is far greater than my concerns over nuclear accidents.
        
           | wnevets wrote:
           | > This has always been my concern with nuclear. Yes we can
           | make it safe, but the human greed factor is always the weak
           | point. Regulations weakened, automated systems bypassed,
           | skimping on design decisions, etc.
           | 
           | This is exactly my concern. Fukushima was only a problem
           | because the company didn't want to spend money putting in
           | backup generators in the correct place despite repeated
           | warnings to do so.
        
       | ThrowawayTestr wrote:
       | That's fine, China can lead the world in nuclear power.
        
         | mr_toad wrote:
         | China's building coal plants like there's no tomorrow.
        
         | Gwypaas wrote:
         | China is investing a pittance in nuclear to keep the option
         | open. That is the result of autocratic five-year plans in a
         | huge economy.
        
       | ortusdux wrote:
       | *could be the last _of its kind_ built in the US
        
         | [deleted]
        
         | nosianu wrote:
         | The article further explains why that may not work out.
         | 
         | To quote:
         | 
         | > _the industry is betting on advanced nuclear reactors to save
         | the day._
         | 
         | > _It's a bad bet._
         | 
         | The main points:
         | 
         | > _The advanced and small modular reactors (SMRs) under
         | development face a raft of economic, regulatory, technological
         | and temporal risks._
         | 
         | and
         | 
         | > _The advanced reactor closest to market in the U.S. is being
         | developed by NuScale, which has a nonbinding agreement to build
         | a first-of-its-kind SMR project in Idaho. The company has
         | already raised its projected power cost from $58 per megawatt-
         | hour to $89, even though it's still years away from even
         | beginning construction._
         | 
         | and
         | 
         | > _Advanced reactors such as TerraPower's Natrium, which are
         | significantly different in design from existing light-water
         | reactors, face an even steeper regulatory climb. And they'll
         | have to contend with broken or nonexistent supply chains
         | because the more highly concentrated uranium fuels used by most
         | advanced reactors are currently unavailable in large quantities
         | outside of Russia._
         | 
         | Which leads to this summary at the end:
         | 
         | > _Regardless of rosy messaging from DOE and the industry, it's
         | almost certain that Vogtle 3 and 4 are going to be the last big
         | nuclear reactors coming online in the U.S. for a long time._
        
           | Maursault wrote:
           | Wishful thinking. The problem with nuclear energy is not is
           | not the risk of meltdown. It is not the waste, not directly.
           | The problem is economics. Light water fission reactors are
           | the least expensive nuclear reactors we know of, and even
           | these can not break even. Every other design is even more
           | expensive. For nuclear energy to work it must be profitable.
           | Economics is nuclear energy's Achilles' heel, and its only
           | hurdle.
        
           | wkat4242 wrote:
           | Yeah here in Holland they have the same pipe dream. They want
           | to start new reactors rise should come online by 2040, delays
           | obviously not included.
           | 
           | It's a big bullet point for the hard right party VVD that
           | think this way they can continue business as usual. But it'll
           | come way too late for that. All the hard choices will already
           | have been made by that. I'm sure their buddy's corporations
           | will have some nice pork from it though.
        
             | belorn wrote:
             | We will see in 2040 if countries who made a different
             | decision has lower carbon footprint. There is seemingly a
             | lot of countries betting that green hydrogen will become
             | energy storage solution in 20-30-50 years, and thus they
             | can use natural gas/coal while waiting and continue with
             | business as usual.
             | 
             | Only time will tell which bets in the energy grid was good
             | and which was bad for the environment. The last bet that
             | many countries did on buying natural gas from Russia ended
             | up being quite bad for Europe.
        
             | bjourne wrote:
             | The situation may be analogous in Sweden. Building nuclear
             | reactors was a huge part of the right-wing parties
             | campaign. They even promised to start construction 100 days
             | after they won the election. Unsurprisingly that promise
             | fell through. No private companies have been willing to
             | invest in nuclear and, thankfully, the government has not
             | yet decided to plow hundreds of billions of taxpayer money
             | into new reactors.
             | 
             | Imo it's all culture war populism. Renewable energy and
             | saving the planet is for little girls, nuclear power and
             | driving fossil fuel cars is for real men or something.
        
         | megaman821 wrote:
         | It could easily be the last of its generation and its size
         | built in the US. Is there any non-SMR on the horizon?
        
         | _hypx wrote:
         | I'm going to come out and say, not even the last of its kind.
         | Support for nuclear power is directly proportional to real,
         | intellectually motivated support for clean energy (this is not
         | related to the people that make dumb protests). And as that
         | continues, we will see more conventional nuclear reactors being
         | built.
        
           | joseph_grobbles wrote:
           | Nuclear is catastrophically expensive. Nuclear stagnated not
           | because of those "dumb protests", but because economically it
           | turned out that they made very little sense. Projects always
           | went massively over budget, and then had a lifespan cost
           | multiples idealist notions.
           | 
           | Are they expensive because of overbearing safety
           | requirements? Partly, sure. On the flip side, Fukushima has
           | now cost hundreds and hundreds of billions in direct costs.
           | If nuclear power plants didn't have a civil exemption where
           | governments bore the potential liability of damage (which is
           | almost infinite), they would be unbuildable.
        
         | melling wrote:
         | Yes, next comes Gen-4 reactors
         | 
         | https://en.m.wikipedia.org/wiki/Generation_IV_reactor
        
           | Gwypaas wrote:
           | 2040? 2050? Which problem are we solving?
        
         | manfre wrote:
         | Hard to tell if it's purely for the clickbait or leaning
         | heavily on shortening the title.
        
           | wesoff wrote:
           | Headlines limited to ~70 characters.
        
         | stevenally wrote:
         | Thanks. Saved me a click.
        
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