Comment by mrtracy

Comment by mrtracy 6 hours ago

15 replies

How big are the commitments here? I’m having trouble finding actual dollar amounts. Does this actually represent an infusion of money into these SMR efforts, or are these “commitments” tied to so many missable targets that it’s actually meaningless?

Oklo in particular seems to be total vaporware, I can’t find a single technical picture anywhere of anything this company’s reactor is seeking to do. They seem to raise money based on a rendering of a ski lodge.

A huge, concrete investment in TerraPower would be more interesting, but as a molten salt SMR which has never been built, this also looks extremely non-committal.

SMRs in general seem like a dead end, we’ve heard about them for decades and they don’t seem to be any closer to making nuclear power buildouts less expensive.

Everything that makes proven nuclear power plant design expensive seems to revolve around the same drivers of expense for all long-term construction: large up front capital requirements, changing regulations, failure to predict setbacks, and pervasive lawsuits. SMRs purport to tackle a couple of these (shorter-term builds, fewer setbacks), at the cost of considerable efficiency, but so far this seems like an inferior alternative to “just get better at building proven nuclear plant designs”.

colechristensen 5 hours ago

The thing which can make nuclear cheap is building a large number of the same plant design.

  • testing22321 4 hours ago

    China are building dozens simultaneously, and even with their questionable workers rights, safety and environmental practices, they cost $7 Billion a pop.

  • jmyeet an hour ago

    Nuclear is never getting cheap [1]. Nuclear reactors need to be large to scale [2]. As for why SMR persists? Because someone makes money selling the idea. That's it.

    And SMRs get sold is the very idea you state because it sounds compelling: the more you build, the cheaper it gets.

    Nuclear seems like it should work. But there are massive unsolved problems like the waste from fuel processing, processing the spent fuel, who can be relied upon to run these things, who can be trusted to regulate them and the failure modes of accidents. Despite there being <700 nuclear reactors built we've had multiple catastrophic failures. Chernobyl still has a 1000 square mile absolute exclusion zone. Fukushima will likely take a century to clean up and cost upwards of $1 trillion if not more.

    Yet this all gets hand-waved away. Renewable is the future.

    [1]: https://www.climatecouncil.org.au/resources/csiro-confirms-n...

    [2]: https://spitfireresearch.com/scaling-example-1-small-modular...

    • credit_guy 23 minutes ago

      > who can be relied upon to run these things, who can be trusted to regulate them and the failure modes of accidents.

      I personally trust the Nuclear Regulatory Commission. I also trust the Canadian Nuclear Safety Commission, and the regulatory bodies in the UK and the EU.

      Why?

      The failure modes are not binary. A reactor is not just operating fine or going boom. There are multiple small failures that can happen, and you can get an idea if a country's nuclear fleet is run with safety in mind or not.

      Chernobyl happened during a safety exercise, an exercise that was attempted 3 times before and failed 3 times before. In principle the plant should not even have been allowed to operate until the exercise had been completed. The exercise was supposed to demonstrate if in case of reactor emergency shut-down the cooling water can be kept circulating in the core for one minute, the amount of time it took for the Diesel generators to ramp up power; it was an essential exercise to perform before starting full power operations. The fact that the plant was allowed to operate for 3 years without completing this exercise - no, actually, while failing this exercise multiple times, tells you a lot about the safety mentality of the nuclear industry in the Soviet Union.

      In the US, the NRC performs a lot of monitoring, and the results are published. For example, here's [1] a dashboard of performance indicators. There are 17, such as: Unplanned Scrams per 7000 Critical Hours, Unplanned Power Changes, Residual Heat Removal System, Reactor Coolant System Leak, etc. Out of about 100 reactors, you can see only green, with the exception of one yellow; that yellow is for the Palisades plant that is not currently operating, it is in the process of restarting operations, and I am sure it will not be allowed to restart until all the performance indicators are green.

      [1]https://www.nrc.gov/reactors/operating/oversight/pi-summary

    • defrost an hour ago

      I more or less agree with your comment but feel it should be pointed out the CSIRO economic feasibility study is specific to Australia.

      The arguments made there; why Australia is better to pursue renewables now rather than hope for nuclear eventually have no bearing on, say, China's use of nuclear for 20% of Chinese baseload.

      A large part of the CSIRO argument is the greenfield standing start no prior expertise massive upfront costs and long lead time to any possible return.

      China, by contrast, has an existing small army of nuclear technologists, multiple already running reactors, and many reactors of varying designs already in the design and construction pipeline.

      • cycomanic 32 minutes ago

        Even China who committed to significant nuclear capacity and wanted to ramp up their nuclear percentage to 20% (IIRC) is slowly moving away. The percentage of nuclear has in fact reduced over the last 5 years and initial commitments/projections of nuclear capacity are likely not going to be med. The whole reason being that solar (and to a lesser degree wind) have become so cheap that nuclear just doesn't make economical sense even for China.

        • defrost 23 minutes ago

          You say that and yet China is still building new reactors and have staged plans for more.

      • jmyeet 29 minutes ago

        China is a special case. In fact, it's the one country on Earth I'd actually trust to build, maintain and regulate nuclear power.

        I don't believe China is convinced (yet) of the long-term viability of nuclear power (fission or fusion) but, like with many things, they're hedging their bets. In the US? It's just another opportunity to transfer wealth from the government coffers to private hands through a series of cost overruns, massive delays and under-deliveries.

        China's advantages here are extreme. They have the manufacturing base, would likely use the same plant designs in multiple places (rather than a separate procurement process in every city or province) and they have a bunch of existing infrastructure that gives them options, like they're pioneers in UHVDC transmission lines that might make it more viable to build a nuclear reactor away from populated centers. Even UHVDC development was to solve a largely China-only problem: the power generation is mostly in the west part of the country whereas the people are in the east.

        And yes the CSIRO report is Australia-specific but the timeframes for building nuclear power in the US are similar: 10-15 years. Starting today it's unclear if such a plant would be online by 2040. Yet we can build solar in months.

        That's the other part of this: if we're just looking at data centers, theyh can be placed anywhere. You can ignore where fiber runs. You just build more fiber if you have to. DCs need power and water, basically. The Southwest is very efficient for solar [1] but light on for water. There's the Colorado River but that's been tapped beyond its limits already.

        Along the Mississippi is another option. Not as efficient as the Southwest for solar but water is plentiful. Inclement weather is an issue though, both tornadoes and the winters.

        [1]: https://www.reddit.com/r/MapPorn/comments/7fk7eu/solar_power...

        • defrost 18 minutes ago

          > And yes the CSIRO report is Australia-specific but the timeframes for building nuclear power in the US are similar

          * The US has existing commercial scale nucleat power stations. Australia does not.

          * The US has an existing nuclear weapons industry. Australia does not.

          * The US has existing advanced courses on nuclear technology for workforce scale populations. Australia has extremely limited coursework.

          * The US actively builds and maintains SMRs for submarine use. Australia does not.

          These are fairly critical differences in terms of additional costs to Australia above and beyond build times.

    • yawaramin 27 minutes ago

      - Spent fuel is a solved problem, we just store it securely

      - Who can be relied upon: who do you rely upon to run your drinking water?

      - Failure modes of accidents: have been extensively studied and essentially designed out

      - Multiple catastrophic failures: sounds bad until you realize that you can name only two:

      1. Chernobyl: old flawed reactor design, basically impossible today, a few unfortunate deaths among first responders in the cleanup, that's it

      2. Fukushima: no radiation deaths. You would get a higher dose of radiation flying to Japan to visit Fukushima than from drinking the irradiated leaked water there.

      > upwards of $1 trillion if not more.

      Where are you getting this number? According to https://cnic.jp/english/?p=6193 it was estimated at JPY 21.5 trillion (roughly USD 150 to 190 billion).

  • dalyons 4 hours ago

    Cheap-er, not cheap. They’re still fundamentally massive complicated constructions. They will never be as amenable to mass production cost reductions as things like solar and battery

    • colechristensen 4 hours ago

      >Cheap-er, not cheap.

      Can we please not have these "slightly improved language" comments? You're arguing against something I didn't say and making a meaningless nitpick on word choice.

      • hcknwscommenter 3 hours ago

        you literally said "cheap" and the comment said "cheap-er not cheap". I think the comment is correct and you are wrong. China is building the same design again and again and again. And it's still not cheap.

      • citeitpls 4 hours ago

        tbh i don't think either the original or improved language post is presenting effectively because they both just give a conclusion without any nuance, explanation or support. "cheap" cheaper who cares? $/kwh matter. transmission costs matter.

        • caminante 2 hours ago

          Who doesn't say nuclear is more expensive?

          The lowest LCOE for nuclear is to the right of the most expensive solar plus storage.