Lol, no. Électricité de France is being re-nationalized by the French government due to their terrible financials. Areva/Framatome needed cash injections to avoid creditor protection. Westinghouse did have to file for creditor protection and almost took down parent company Toshiba, but they were sold off at a loss to a private equity firm.
Nuclear only looks good on an operational basis. Once you add in construction and refurbishment/decommissioning costs, it looks far worse.
His figures are ridiculously optimistic for nuclear, $6000/kW and 6 year construction times.
Flamanville-3 and Olkiluoto-3 were both 12 years over their 5 year construction schedules. They were supposed to cost €3.3B and €3B respectively for 1650MW. Flamanville is expected to end up somewhere over €20B (€12000/kW), and Olkiluoto is somewhere around €11B, only due to ‘not to exceed’ limits in the supply contracts.
Hinkley Point C has gone from £16B to near enough £30B for 3200MW (£9400/kW)
It was the same with Vogtle 3 & 4. The preliminary budget of $12B, was changed initially to $14B at the start of construction. It’s now somewhere around $30B and 7 years late. The two AP1000s have a combined output of 2200MW ($13000/kW).
V.C.Summer 2 & 3 was a similar pair of AP1000s. Costs went from $9B to $23B when the project was cancelled mid-construction.
Wind and solar are far faster to deploy, and typically on or near budget. The new, much cheaper redox flow batteries (100 MW/400 MWh for $266M Dalian, China) are capable of smoothing intermittency in areas without hydro, which can perform a similar function.
Edit. I should add that as of 2021, the global average for onshore wind is roughly $1300/kW. Prices continue to fall as new designs are introduced.
That’s just not true. The Westinghouse AP1000 was given type approval in 2011. It’s what is referred to as a GEN3+ reactor. A lot of R&D was put into simplifying the design, reducing the number of pipe runs, valves, pumps etc compared to GEN2 reactors. It also used large sub assemblies that were factory built off-site then moved for final assembly.
In theory they should have been cheaper to build, but they weren’t. Large assemblies that don’t fit together properly need a lot of very expensive site time for rework. There were other issues on top of that, which just compounded the assembly problems. It’s how Vogtle ended up going from $12B to $30B+, and V.C Summer went from $9B to an estimated $23B when the project was cancelled while under construction.
The EPR units from Areva were similar GEN3+and received type approval in the early 2000s. They had similar cost overruns, for similar reasons.
I have strong reservations about SMRs. So far the cost/MW is about on par with traditional reactors while the amount of waste increases by 2 to 30x traditional reactors depending on technology used.
There are reasons why reactors moved from 300-600MW units to 1000MW+ in the first place. The increased output would cover what was thought to be marginal increase in costs. That turned out to be at least somewhat true.
Just like assuming a perfectly spherical cow, or a frictionless surface, you can completely ignore the economics, the massive cost and schedule overages to make nuclear work.
Flamanville-3 in France started construction in 2007, was supposed to be operational in 2012 with a project budget of €3.3B. Construction is still ongoing, the in-service date is now sometime in 2024, and the budget has ballooned to €20B.
Olkiluoto-3 is a similar EPR. Construction started in 2005, was supposed to be in-service in 2010, but finally came online late last year. Costs bloated from €3 to €11B.
Hinkley Point C project is two EPRs. Construction started in 2017, it’s already running behind schedule, and the project costs have increased from £16B to somewhere approaching £30B. Start up has been pushed back to 2028 the last I’ve heard.
It’s no different in the US, where the V.C. Summer (2 x AP1000) reactor project was cancelled while under construction after projections put the completed project at somewhere around $23B, up from an estimate of $9B.
A similar set of AP1000s was built at Vogtle in Georgia. Unit 3 only recently came online, with unit 4 expected at the end of the year. Costs went from an initial estimate of $12B to somewhere over $30B.
Note that design, site selection, regulatory approvals, and tendering aren’t included in the above. Those add between 5-10 years to the above schedules.
Just going from the website, an F150 Lariat is $68k in Canada, and the Lightning XLT is $69k. If you wanted a more comparable Lightning Lariat, it’s $80k.
Both the gasser and sparky version can be optioned up to well over $110k, which is insanity to me.
I rather like kbin and feel no need to go back to the other place.
At least not until it starts randomly logging me off.
Weak sauce. If they value you, they’ll get in touch. If they don’t, they never cared in the first place so what does it matter?
I’m single player, PVE only, for the past 5-6 years. It just removed a lot of shit I didn’t want to deal with when the whole point of playing was supposed to be for fun. That decision was made a lot easier with the stupid levels of monetization and grind being rammed into everything.
Vogtle ended up at roughly $13,000/kW. On shore wind globally is averaging roughly $1,300/kW. Grid-scale batteries are running roughly $3,000/kW, then add in for how much ride-through you expect to need.
Depending on local conditions, you can build out 10x as much wind capacity as you need, or various combinations of wind + solar+ batteries and still end up less expensive and with a faster deployment time than nuclear.