But that’s the thing with nuclear. The upfront costs are massive, and literally irrecoverable. Can you name a single nuclear powerplant that has broken even? I can’t. Not unless, it’s one that the government has built and then handed over to private industry, for example. Reducing safety from nuclear powerplants is not viable long term. And that’s the only way to get them commercially viable.
It’s not about reducing safety, it’s about reducing regulations that are about the appearance of safety, it’s about not imposing decommissioning costs as part of construction.
The US Navy has been able to consistently and safely build and run reactors for 50 years. It’s basically just fear preventing that knowledge and experience from being used in the commercial sector.
The US Navy isn’t concerned about making their fleets commercially viable. Taxpayers expect to subsidise defence, and for the US, this is done at vast cost. They don’t expect to constantly be funding an expensive, loss-making powerplant. Not when alternatives are cheaper and more effective.
But that’s the thing with nuclear. The upfront costs are massive, and literally irrecoverable. Can you name a single nuclear powerplant that has broken even? I can’t. Not unless, it’s one that the government has built and then handed over to private industry, for example. Reducing safety from nuclear powerplants is not viable long term. And that’s the only way to get them commercially viable.
It’s not about reducing safety, it’s about reducing regulations that are about the appearance of safety, it’s about not imposing decommissioning costs as part of construction.
The US Navy has been able to consistently and safely build and run reactors for 50 years. It’s basically just fear preventing that knowledge and experience from being used in the commercial sector.
The US Navy isn’t concerned about making their fleets commercially viable. Taxpayers expect to subsidise defence, and for the US, this is done at vast cost. They don’t expect to constantly be funding an expensive, loss-making powerplant. Not when alternatives are cheaper and more effective.