this post was submitted on 01 May 2024
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It's just not going to happen, it's way too slow to become profitable. There are plenty of nuclear power plants in production that have been in production for 40 years that still aren't profitable.
Storage is going to have to be the thing that makes up for the instability of solar and wind, whether it be in the form of heat storage, hydrogen production, fly wheels, or some breakthrough in Battery Tech.
Energy shouldn't be a business, it's a necessity at this point.
It shouldn't be, but I don't live in Fairy Tail land, I live in the real world. And as sad as it is the fact of the matter is if it's not profitable it's not happening. At least not in the US, so unless the population finally chooses the band together tear down the current structure and basically change overnight I have to ask for realistic possible solutions
Even if we lived in fairy tale land, companies would find a way to capitalize on mana and magic, screwing us all over
How much profit resulted from roads?
An almost immeasurable amount? It's how goods are transported, enables a vastly larger pool of workers due to how far they can travel, and is a continuous source of work for an entire sector
And yet I don’t pay per mile to use one.
Now apply that to power.
And? I don't live in the USA and neither does most of the world. They aren't the biggest nation even.
The US is the worst offending nation but many others will fail for the same reason. Was just heading off the "but this one small place with specific economics did it" comments
China are building, designing, and testing more nuclear and new nuclear technologies. I hardly think that's a small nation. My own country is building new nuclear plants too. Planning to open 2026. Another 8 are being considered right now to be built on existing sites (presumably to replace older ones). France have massive nuclear investment and are the ones supplying our new reactors if memory serves.
I'd like to note it's not profitable because it generates so much energy so consistently that it's hard to keep prices up.
That's why nuclear energy should never have been a private sector investment but a government one, or maybe hybrid. That's how it's worked in Finland, and the new reactor we had built plus the growing solar really saved us from the electricity spike after Russian gas was turned off.
They should just start selling merch to fans to be profitable. Nuclear hoodie? Yes please /j
pump storage hydroelectricity is the only storage we need.