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Cost of Build + Cost of Operation (Fuel plus Maintenance/Management) + Cost of Decommissioning
"Fuel" costs for renewables like tidal, wind and solar are zero: costs of Operation are also minimal.
Now it seems to me that not only is the fuel cost of nuclear non-zero, but that it can only go one way - particularly in terms of the "energy cost" of fuel extraction/production.
I am not sure about the costs of nuclear decommissioning, but it seems to me that in relative terms at least decommissioning renewables is again hugely financially superior to nuclear.
So unless I am missing something, the total cost of energy produced over time (I am leaving financing costs out of this) is relatively certain for renewables, and relatively uncertain for nuclear.
So while nuclear energy may be "cheap" now, is it REALLY going to stack up relative to renewables over the long term......
Using the "asset-based" (as opposed to conventional debt/equity) financial model I advocate - which is simply to sell a proportion of the "Energy Pool" of future production to Investors at current prices or even a discount - most renewable energy projects stack up at current prices and are literally "self funding".
But I can't really use the model for nuclear because of the unknown costs of fuel and decommissioning. "The future is already here -- it's just not very evenly distributed" William Gibson
The fuel cost for nuclear power plants is "too cheap to meter." The capital costs are another matter.
The quadrupling of uranium prices in recent times has not impacted the cost of nuclear power very much.
Renewable plants are not free and never have been. They never will be. There is a lot of misreprentation on this subject.
I really can't think of a renewable that doesn't involve the use of heat to make the materials used in it.
It is true that the military applications of renewable energy are very small, although the diversion of alcohol for military purposes, largely the entertainment of soldiers, is known. This is probably because renewable energy has a very low energy density and is not widely utilized.
It is certainly arguable whether the prime use of nuclear technology is military however. I wish that the military use of oil would lead to people calling for its ban.
Have you heard of the Manhattan Project or of the NPT?
And, of course, the military has a need for unlimited flexibility and mobility, hence the need for fuel-based propulsion for all military vehicles.
Ethanol for booze is so bad a joke I wonder if you are even taking my comment seriously. "It's the statue, man, The Statue."
Why don't you tell me about them?
Before you do though, should I provide a list of countries that have nuclear power and not nuclear weapons, or do you believe that such countries do not exist?
I don't assert that the primary use for fossil fuels is military, although I do call for banning fossil fuels. I do assert that the use of fossil fuels is unacceptably dangerous even without the military applications.
Do you claim that the majority of the world's demand for, say, uranium is military?
Why don't you provide a list of countries with nuclear reactors that are not believed to be able to produce nuclear weapons shortly if they decide to do so? For instance, it is generally agreed that Japan could get a nuke in a year if it wanted to.
Now, you asked the question of why the renewable industry is "so small". Let me make my point more clearly, since you managed to misunderstand it.
The nuclear industry got a head start from military applications around WWII. That is a huge government subsidy. In the 1940's and 50's power production was pretty much a side effect of the fuel cycle. I made no claims about current uranium demand, that has little to do with the size and maturity of the nuclear industry.
And I did say that a lot of our technology is fuel-based because fuels provide mobility, autonomy and escalability almost on demand.
Does that explain why renewables are smaller than they might otherwise be?
So, whether or not you think fossil fuels are unacceptably dangerous, the military is going to continue to use fuels. And if they cannot be fossil they will be synthetic (from nuclear or renewable electricity). "It's the statue, man, The Statue."
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