alt Hacker News> Nuclear power is the highest cost source of electricity in LCOE terms [1].
The graph actually suggests something different - you can see how coal (a mature and well -understood technology) has basically flat-lining costs that increase very slowly over time as we mine out the easy fuel. That is pretty much what we'd expect for a mature technology.
Gas, Solar and Wind have rapidly decreasing cost curves following some sort of asymptotic pattern which is what we'd expect for new and exciting technologies.
Nuclear has the most bizzare cost curve of any new technology where every year it costs more than the year before; a pattern which makes effectively no sense and is really only explainable by the heavy and effective political attack that nuclear has been under in the US and EU. On a technical basis it is probably going to be cheaper than coal and if allowed to innovate likely much cheaper than solar and wind (the too-cheap-to-meter line is plausible, we've seen that sort of market in networking).
> The answer is the same with any nuclear criticism: "this time it'll be different". Fukushima? "This time it will be different." Chernobyl? "This time it will be different." Spiralling costs? "This time it will be different." Massively delayed completion dates? "This time it will be different."
That sounds like an extremely reasonable answer? It was different after Chernobyl and Fukushima. We've never seen a plant melt down that was designed & built around the 1970s. And again, project budgeting is mostly about politics not the technology involved. If costs are consistently X the technical estimate, planners will add in a factor of X unless there is a political reason not to.
> We don't really have a good solution for dealing with that waste.
Seems to be a solved problem? We've been doing this for 50 years now and despite their best efforts the anti-nuclear crowd haven't managed to come up with a concrete example of what the problem is that isn't easily ignored. Society produces a lot of toxic waste already and it really isn't that big of an issue. I did the calcs once a long time ago for a HN post and we're often talking about a few shipping containers worth of material in these conversations; ie nothing.
We haven't figured out how to deal with the toxic byproducts of solar panels either and that is largely a non-issue. Plan A is to dump the waste somewhere and Plan B is to go with a better option if one turns up. Problem solved.
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> Nuclear has the most bizzare cost curve of any new technology where every year it costs more than the year before; a pattern which makes effectively no sense and is really only explainable by the heavy and effective political attack
Or by the technology being heavily subsidized and its flaws papered over until they became expensively unignorable.
But no, it must be the extremely selective omnipotence of the greens that did it. /s
> Nuclear has the most bizzare cost curve of any new technology where every year it costs more than the year before; a pattern which makes effectively no sense and is really only explainable by the heavy and effective political attack that nuclear has been under in the US and EU.
Or by generally exploding costs of megaprojects. Look at e.g. high-speed-rail in UK, France, Germany, ... . The first projects were the cheapest, after that it only got more and more expensive.