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New research shows renewables are more profitable than nuclear power
(www.pv-magazine.com)
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this post was submitted on 30 Aug 2023
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If we had an energy system owned by the people and not ran for profits, nuclear would be a viable, and probably even the preferred, option. We do not. We're probably going to have to fix that to get a practical and reliable clean energy grid.
No, it would just bankrupt the state. Just because something is state owned, doesn't mean the cost vanishes.
Infrastructure in this country is already so heavily subsidized by the federal government (and state, if you live somewhere that actually cares about your well-being) that we're already pretty much paying for it all.
Profits are what is earned after expenses. It wouldn't bankrupt a state to run energy infrastructure at cost.
You are, of course, correct.
But even so, costs are costs. It doesn't matter if you've achieved communism, and are in a moneyless, stateless existance, you need labor and materials to build nuclear, and labor and materials to maintain it (along with other infrastructure).
And, I'm not anti-nuclear; it does make sense to use sometimes, in some amounts. Its just very very costly for what it provides.
But frankly, even only accounting for current tech, wide spread nuclear just doesn't make that much sense compared to renewables + storage and large grids interconnects.
What do you do with the waste in that scenario? Who pays for that? Or for insurance?