You are talking about using nuclear to make electricity, which is only about 1/5 of our total energy. And even in that niche which is especially suited for fossil fuels, we find the need for government subsidies to keep nuclear running. (
Clifford, 2022). Much of our fossil fuels are used directly in high temperature industrial applications, where the direct use of fossil fuels is far more efficient than using electric. If nuclear can't fulfill its own niche without subsidies, how would it survive if we relied on it for everything?
The basic problem with nuclear is we obsess with safety. The nuclear industry is saddled with a regulatory culture of as safe as feasible--which translates into no matter what you do it can never be competitive because doing so would make it feasible to add more safety. The result is counterproductive and increases the risk. (Another example of this is the rule that babies may be held during a flight and not given a seat. A baby in a proper seat is safer than a baby in arms, but the expense of that seat means more people will choose to drive rather than fly and thus more people will die.)
Instead, we should back up and totally rethink our approach to safety.
Ah, yes, let's just deregulate and all our problems will go away.
People forget that government regulations can't be enacted in the first place unless it is shown that the total of the risks, benefits and costs of the regulation show it is overall financially better with the regulation than without the regulation. Yes, the calculations may be wrong, and yes, we can ask that we evaluate again to see if we can do it better. All that is fine. But to simply state with f
ull assurance that we would be better off without the regulation than with it, without ever seeing the calculations, seems a little out of order.
You seem to have missed my case for why nuclear will be much less easy to justify when fossil fuels are in short supply. Let's me try again, and see if this makes it clearer.
First, two important numbers: Nuclear plants have an energy return on energy invested (EROEI) of 5 (
Murphy, 2021, p 232). And, when we use steam from fossil fuels or nuclear to make electricity, the best we can do is get about 37.5% of the source energy converted into electricity. The rest is lost. (
Murphy, 2021, p 107).
Now, consider you have a pile of coal with 100 tWh of thermal energy. We have two choices: burn it and get 37.5 tWh of electric, or use it to build a nuclear power plant that will produce 500 tWh of steam over the course of its life. The nuclear plant seems like a much better choice, But remember, that steam in the nuclear power plant does us little good unless we convert it to electricity. That gives us about 187 tWh. Still 187tWh over the life of the reactor sounds better than a one-shot of 37.5 tWh when the coal is burnt directly, so that sounds like a good energy investment. But, of course, we need to consider all the other costs of nuclear (uranium enrichment, labor, waste materials, decommissioning, etc.). And when we add it all up, we find that nuclear reactors are often uneconomical, and require government subsidies to keep running. ((
Clifford, 2022). Few plants are even being built any more. (
Davis, 2012,
Clifford, 2023).
And in the future it will be much harder to justify nuclear. Do the math. Lets say the pile of coal is gone, and we now need to use electricity from an existing nuclear plant to build our next plant. We don't even have the furnaces to make the components using electric, but lets say we can make them. Now we use 100 tWh of electricity instead of 100 tWh of coal to create the next nuclear plant that will eventually give us 187 tWh electricity output. Suddenly the cost justification becomes much harder, Now, instead of giving up the resulting 37.5 tWh of electricity we would get from that coal, we give up 100 tWh from the nuclear plant. And we still have all the existing problems that are driving investors away from building nuclear plants now.
Then consider that it takes 10 years to build a plant that lasts for 50 years. So basically we take 100 tWh dividing into 10 equal annual payments, until 10 years later when we finally start getting a return on our energy investment. Then we get a total of 187 tWh back over the course of 50 years. Does that sound like a good investment to you? Consider also that many power plants never even get finished. Is this looking like a good investment? If you like that deal, I have some ocean-front property in Iowa I would like to sell you.
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That is our problem. Even today when using fossil fuels to construct the plant, we find them to be a losing proposition. If we are someday forced to use electric to build the plants, the price skyrockets.
I support government subsidies of nuclear plants. Even if they cost more than simply burning coal, they extend the life of our coal, and that is worth doing. But in the future when coal supplies get short? I wander if we will ever even be able to build nuclear.
The same goes with all forms of alternate energy. They show promise for extending the life of fossil fuels, and yet they still have trouble showing a profit. Without fossil fuels, they might not even be possible for at a price that any but the extremely wealthy people can afford.
And without an electricity source that the masses can afford, the carrying capacity of the Earth goes way down.