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> These Generation III+ reactors are the first of their kind and, like electric cars, we can expect their prices and construction times to come down.
No you can't. There's a study on France that proves it never gets cheaper.
"Drawing on largely unknown public records, the paper reveals for the first time both absolute as well as yearly and specific reactor costs and their evolution over time. Its most significant finding is that even this most successful nuclear scale-up was characterized by a substantial escalation of real-term construction costs."
https://www.sciencedirect.com/science/article/abs/pii/S0301421510003526
RT: https://greennuclear.online/users/collectifission/statuses/113747796460680312
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@collectifission has anything changed or is every traditional nuclear deployment still a massive burden on the taxpayers?
The famous study on France, which was basically the best case scenario, shows that it never gets cheaper, only more expensive.
I think the SMRs could become viable but we have to actually start deploying them. Though the economics of the SMRs is pretty awful too.
This is basically why solar/wind + battery is winning around the world. At least the economics of those are in line with reality.
https://www.sciencedirect.com/science/article/abs/pii/S0301421510003526
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@jima @dahukanna @risottobias Every nuclear power generation facility on the planet is MASSIVELY subsidized by governments. They're so expensive to operate and maintain; the economics of nuclear is completely upside down.
France thought it would get cheaper over time. There's an entire research paper about how it did not.
https://www.sciencedirect.com/science/article/abs/pii/S0301421510003526
There is hope though. We may get actually affordable privately funded and operated SMRs soon. (Though I would be remiss to not admit that the entire research into these was very much not an exclusively private venture). There's still a lot of speculation that they'll be too expensive, though...