I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
Ya think that might be because the concept of "public utilities" established regional monopolies on electric distribution and discouraged free markent entreprenurialism? The people willing to invest in "public utilities" aren't venture capitalists seeking to make big returns because there's no free market to work with.
PWR's are just fine, it's perfectly safe to place those on ...umm... the ground...when the design includes acceptable load factors for expected seismic activity. After all, not one American reactor has failed due to "seismic activity".
We should have been permitting new reactors, new coal plants, and new refineries when Reagan was president.
Right now we have a fool president who took care to not waste the BP crisis and his moratorium on off shore drilling is effective to this day.
So do we really need five to ten terawatts of electric power in the near future? Sounds like a bit much...We should be building at least 1,000 nuclear power plants. That would be a good start.
No, they're not. But the anti-nuclear people are ignoring the fact that those reactors were almost forty years old. Technology has improved significantly, not the least of which is the modern use of computers in structural and mechanical design.As big and as bad as this natural disaster was in Japan, the safety system on these nuke power plants are working.
Yes, until we come up with something more favorable and safer.
Since then 'free market entrepreneurialism' has failed to construct any generation assets except CCGT and wind farms.
Why risk investing £10 billion in a nuclear plant that will take 8-10 years to consent and pay you back over 40 years of generation, at a variable rate as nuclear is not a price-setting plant, when you can invest £1 billion in a CCGT that will take a year to consent and begin getting you returns in a fraction of the time. The only thing you need to worry about is increasing fuel costs, but as CCGT is the price-setting plant you can just pass those on to the consumer anyway.
We all live under the same sky, but we don't all have the same horizon