Re: The Climate, Environment and Energy Thread
Reply #281 –
Way more expensive to set up, but once running they are bang for buck in terms of gigawatt procured vs uranium required vs waste created.
I chose the word efficient for a reason. Watching Australia roll out solar technology over the last 20 years doesn't make me say that its quick to produce nor cheap, and I don't see us having an abundance of redundant energy that we are storing (quite the opposite seems to occur frequently). People seem hung up on the waste component of this. Things aren't static. The waste isn't what it used to be, and im sure that there are technology advancements that could be done to reduce the waste further by recycling it somehow.
The economic analyses are unequivocal, nuclear power generation is now too expensive. That’s why the private sector won’t invest in nuclear power and is cutting its losses by cancelling power stations under construction.
There may be issues with the economic analyses but the corporate bean counters are convinced. The only new nuclear power plants will be underwritten by governments. As EB pointed out, most governments will struggle to find the funds, or private sector partners, to get the power distribution networks up to scratch.