> Nuclear inherently need a lot more effort refining fuel as you can’t just dig a shovel full of ore and burn it. Even after refining you can’t just dump fuel in, you need fuel assemblies.
It's true that a pound of nuclear fuel costs more than a pound of coal. But it also has a million times more energy content, which is why fuel is only 15-20% of the operating costs compared to >60% for coal. And that's for legacy nuclear plants designed to use moderately high enrichment rates, not newer designs that can do without that.
> Nuclear must have a more complicated boiler setup with an extra coolant loop.
You're describing a heat exchanger and some pipes. If this is the thing that costs a billion dollars, you're making the argument that this is a regulatory cost problem.
> You need shielding and equipment to move spent fuel and a spent fuel cooling pond.
Shielding is concrete and lead and water. None of those are particularly expensive.
Equipment to move things is something you need at refueling intervals, i.e. more than a year apart. If this is both expensive and rarely used then why does each plant need its own instead of being something that comes on the truck with the new fuel and then goes back to be used at the next plant?
> Insurance isn’t cheap when mistakes can cost hundreds of billions.
This is the regulatory asymmetry again. When a hydroelectric dam messes up bad enough, the dam breaks and it can wipe out an entire city. When oil companies mess up, Deep Water Horizon and Exxon Valdez. When coal companies just operate in their ordinary manner as if this is fine, they leave behind a sea of environmental disaster sites that the government spends many billions of dollars in superfund money to clean up. That stuff costs as much in real life as nuclear disasters do in theory. And that's before we even consider climate change.
But then one of them is required to carry that amount of insurance when the others aren't. It should either be both or neither, right?
> which is why fuel is only 15-20% of the operating costs compared to >60% for coal
Nuclear has much higher operating costs than coal. It’s not 20% of 3 = 60% of 1, but it’s unpleasantly close for anyone looking for cheap nuclear power. Especially when you include interest + storage as nuclear reactors start with multiple years worth of fuel when built and can’t quite hit zero at decommissioning so interest payments on fuel matter.
> You're describing a heat exchanger and some pipes. If this is the thing that costs a billion dollars, you're making the argument that this is a regulatory cost problem.
It’s a lot more than that, and far from the only cost mentioned. It’s pumps, control systems, safety systems, loss of thermal efficiency, slower startup times, loss of more energy on shutdown, etc.
> Shielding is concrete and lead and water. None of those are particularly expensive.
Highways don’t use expensive materials yet they end up costing quite a lot to build. Scale matters.
> Equipment to move things is something you need at refueling intervals, i.e. more than a year apart. If this is both expensive and rarely used then why does each plant need its own instead of being something that comes on the truck with the new fuel and then goes back to be used at the next plant?
Contamination with newly spent nuclear fuel = not something you want to move on a highway. It’s also impractical for a bunch of other reasons.
> But then one of them is required to carry that amount of insurance when the others aren't. It should either be both or neither, right?
No nuclear power plants has ever actually been required to carry a policy with that kind of a payout. Taxpayers are stuck with the bill, but that bill doesn’t go away it’s just an implied subsidy.
However, the lesser risk of losing the reactor is still quite substantial. You could hypothetically spend 5 billion building a cheap power plant rather than 20+ billion seen in some boondoggles but then get stuck with cleanup costs after a week.
Oh come on.
I consider myself reasonably pro nuclear, but this is just like some developer going:
“Oh yeah, that doesn't seem that hard, I could probably implement that in a weekend”
Fact: hard complicated things are expensive.
There is no “just it’s just some concrete…”.
That is, translated “I do not know what Im talking about”.
Hard things, which require constant, high level, technical maintenance…
Are very expensive.
Theyre expensive to build. Theyre expensive to operate. Theyre expensive to decommission.
Theres no magic wand to fix this.
You can drive down the unit cost sometimes by doing things at scale, but Im not sure that like 100 units, or even say 1000 units can do that meaningfully.
…and how how are we planning on having the 100000s of reactors that you would need for that?
Micro reactors? Im not convinced.
Certainly, right now, the costs are not artificial; if you think they are, I would argue you havent done your due diligence in research.
Heres the point:
Making complicated things cheaper doesnt just magically happen by removing regulations. Thats naive.
You need a concrete plan to either a) massively simplify the technology or b) massively scale the production.
Which one? (a) and (b) both seem totally out of reach to me, without massive state sponsored funding.
…which, apparently no one likes either.
Its this frustrating dilemma where idiots (eg. former Australian government) claim they can somehow magically deliver things (multiple reactors) super cheaply.
…but there is no reality to this promise; its just morons trying to buy regional votes and preserve the status quo with coal.
Real nuclear progress needs realistic plans, not hopes and dreams.
Nuclear power is better; but it is more expensive than many other options, and probably, will continue to be if all we do is hope it somehow becomes easy and cheap by doing basically nothing.
> Shielding is concrete and lead and water. None of those are particularly expensive.
Well, anything is expensive in enough quantity. But there is a bit of a tell not covered where of regulatory problems because nuclear plant projects keep going way over budget. Even stupid planners can notice trends of that magnitude and account for them, there is something hitting plant builds that isn't a technical factor and it is driving up costs.
The problem with nuclear mistakes is they aren't a few decades. They can be measured in centuries.
So yeah. Regulation.
Don't build a damn LWR on a fault line (Fukushima) 3mile Island - don't have so many damn errors printing out that everything is ignore Chernobyl - we all know I think. It's still being worked on to contain it fully. Goiânia accident (brazil) - caesium-137 - Time magazine has identified the accident as one of the world's "worst nuclear disasters" and the International Atomic Energy Agency (IAEA) called it "one of the world's worst radiological incidents". (and this was just a radiation source, not a nuclear plant)
So yeah. Oil has bad disasters. Nuclear has EPIC disasters.
I think what is missing in your argument is not that these pieces are difficult. It's that combining all of them adds to a significant amount of complexity.
It's not JUST a heat exchanger. It's a heat exchanger that has to go through shielding. And it has to operate at much higher pressures than another type of power production facility would use. Which adds more complexity. And even greater need of safety.
I'm not arguing against Nuclear; I think it's incredibly worthwhile especially in the current age of AI eating up so much power in a constant use situation. But I do think it needs to be extremely regulated due to the risks of things going south.