what is happening with the Zaporizhzhia nuclear power plant in Ukraine is souring me on the idea of nuclear power in general
The problem with nuclear power is that it can cause very large problems very quickly if a plant is mismanaged. By contrast, coal plants cause marginal problems played out over 30-50 year lifespan of the facility. One makes for big scary flashy headlines and the other is just a drip-drip-drip of under-the-radar bad news.
Also, it should be noted that nuclear power is too efficient. When you turn on a nuke plant, the amount of new electricity tanks the market. This is awful for cartels and profit-seeking energy retailers. By contrast, gas plants allow you to generate energy on a marginal scale (MWhs instead of GWhs) and only sell into the market when the price is peaking. ERCOT has turned Texas gas plants into absolute gold mines, as electricity selling for $25/MWh in the morning surges to $3000/MWh by late-afternoon.
Solar and Wind plants have similar problems. They generate when the sun is shining and the wind is blowing, rather than when the price of electricity is peaking.
So while nuke/solar/wind plants are efficient, they are also economically self-defeating. They don’t function well in a cartel. They don’t let you fix prices and maximize the cost for retail consumers. And they don’t help you corner the market to press out competition.
This isn’t a problem for Ukrainians (who are lucky to have any amount of electricity any time of day). But its a huge problem for stable western nations inside the imperial core, who need continuous economic growth to justify expanded military budgets with higher tax revenues.
The problem with nuclear power is that it can cause very large problems very quickly if a plant is mismanaged. By contrast, coal plants cause marginal problems played out over 30-50 year lifespan of the facility. One makes for big scary flashy headlines and the other is just a drip-drip-drip of under-the-radar bad news.
Also, it should be noted that nuclear power is too efficient. When you turn on a nuke plant, the amount of new electricity tanks the market. This is awful for cartels and profit-seeking energy retailers. By contrast, gas plants allow you to generate energy on a marginal scale (MWhs instead of GWhs) and only sell into the market when the price is peaking. ERCOT has turned Texas gas plants into absolute gold mines, as electricity selling for $25/MWh in the morning surges to $3000/MWh by late-afternoon.
Solar and Wind plants have similar problems. They generate when the sun is shining and the wind is blowing, rather than when the price of electricity is peaking.
So while nuke/solar/wind plants are efficient, they are also economically self-defeating. They don’t function well in a cartel. They don’t let you fix prices and maximize the cost for retail consumers. And they don’t help you corner the market to press out competition.
This isn’t a problem for Ukrainians (who are lucky to have any amount of electricity any time of day). But its a huge problem for stable western nations inside the imperial core, who need continuous economic growth to justify expanded military budgets with higher tax revenues.