The Cost of Caring For Elderly Nuclear Plants Expected To Rise 249
mdsolar writes with this story about the rising costs of keeping Europe's nuclear power plants safe and operational. Europe's aging nuclear fleet will undergo more prolonged outages over the next few years, reducing the reliability of power supply and costing plant operators many millions of dollars. Nuclear power provides about a third of the European Union's electricity generation, but the 28-nation bloc's 131 reactors are well past their prime, with an average age of 30 years. And the energy companies, already feeling the pinch from falling energy prices and weak demand, want to extend the life of their plants into the 2020s, to put off the drain of funding new builds. Closing the older nuclear plants is not an option for many EU countries, which are facing an energy capacity crunch as other types of plant are being closed or mothballed because they can't cover their operating costs, or to meet stricter environmental regulation.
Another Brilliant Revelation (Score:3, Insightful)
1) Nuclear Plants
2) Houses
3) Windmills
4) Cars
5) Solar Installations
6) People
7) Factories
8) Roads
9) Bridges
Another amazingly useful submission to slashdot.
Re:Another Brilliant Revelation (Score:4, Insightful)
This user mdsolar submits a lot of stories. All of them are negative about nuclear power.
Isn't that an interesting pattern?
Re: (Score:2, Insightful)
Re:Another Brilliant Revelation (Score:5, Insightful)
It's almost as if Chris Dudley is a reseller for the Southern Maryland Electric Cooperative and has a vested interest in scaring people away from nuclear power to buy his solar panels as if there's no way the two can co-exist.
Re: (Score:3)
This user mdsolar submits a lot of stories. All of them are negative about nuclear power. Isn't that an interesting pattern?
This user AC makes a lot of ad hom attacks and defensive comments about nuclear power. Isn't that an interesting pattern?
Re: (Score:2)
No, it is not more interesting/pattern than noting that baseball players and baseball watchers occationally meet in stadiums. (It is his hobby!)
If you want pro nuclear stories, post them yourself. Everyone can post stories to /.
Re: (Score:3)
If the story was about how some machine wears out over time would you call that 'negative'? A nuclear power plant is a machine, it doesn't work forever and is quite a valid topic for discussion. The only negative characterization is the one that you have made.
Re:Another Brilliant Revelation (Score:5, Funny)
And something positive about radiation is ... ?
Spiderman, the Hulk and microwave ovens all come to mind... ;)
Re:Another Brilliant Revelation (Score:5, Insightful)
Actually, I was thinking about the radioactive iodine isotope the doctors used to successfully treat my wife's thyroid cancer. That's something very positive about radiation.
Re: (Score:2)
Re: (Score:2)
Actually, I was thinking about the radioactive iodine isotope the doctors used to successfully treat my wife's thyroid cancer. That's something very positive about radiation.
Thyroid cancer is also a consequence of ingesting radio cesium. Obviously I'm not saying this is how your wife got cancer however nuclear medicine to cure cancer is a whole lot different from nuclear industry that causes cancer and, I think that is the OP's actual point.
Also - I'm very happy for you and your wife to have beaten cancer, I watched someone very close to me suffer and die from brain cancer because the family was suspicious of nuclear medicine, it's a horrible way to go.
Re:Another Brilliant Revelation (Score:5, Interesting)
I'd love it if a nuke plant was built in my town. Would source a ton of decent paying jobs as well as bring some infrastructure improvements. But alas, Lane County (OR) is a designated "nuclear free zone". =/
Re: (Score:3, Funny)
No need to worry, I have it on good authority from all the libertarians who frequent this site that you can easily move to a more nuclear friendly town. No need to stay in that oppressive communist hellhole where you live now.
-AndrewBuck
Re: (Score:2)
Good-luck getting past: NIMBY.
Re: (Score:2)
Hmm... I wonder how much EWEB [wikipedia.org] would have to raise their rates to cover the cost of building a nuclear power plant?
Re: (Score:2)
Just slap a fucking Nike and/or Oregon Ducks logo on it, and Phil Knight will foot the bill.
Re: (Score:2)
LOL
Re: (Score:2)
Radiation? Radiation is almost, but not quite, a non concern.
Radioactivity? That's a potential problem.
Re: (Score:2)
Re:Another Brilliant Revelation (Score:5, Funny)
An alpha particle?
Re: (Score:2)
Let's conveniently ignore the damage to the environment too ...
Re: (Score:2)
Hundreds if not thousands of people are constantly dying drilling for oil and digging for coal a year to fuel those plants
That's because picking uranium off the uranium tree is so much safer.
Re:Another Brilliant Revelation (Score:5, Insightful)
Nuclear has by far the lowest deathprint.
http://www.forbes.com/sites/ja... [forbes.com]
Re: (Score:3)
Forbes didn't do any research they merely took the figures from this bunk: http://nextbigfuture.com/2008/... [nextbigfuture.com]
The estimates for deaths from Chernobyl range from 4,000 to 500,000 guess which figure 'nextbigfuture' picked.
He also ignores all uranium mining deaths.
He also makes an absurd arbitrary assumption that 30% of all construction deaths from falling from heights are due to solar!!!!!
That page isn't a paper, it isn't peer reviewed, it's a blog and it's 6 years old (before Fukushima)
Re: (Score:2)
Not that the paper is wrong or anything but:
a) uranium mining deaths are comparably low to other mining activities as it doesn't generate as much respirable fines.
b) 30% is unrealistic I agree. In my country 2 years ago the number was 70%. Yes that's right, 70% were due to solar and it's quite easy to see why. Large companies with large HSE policies and large safety focus don't kill people as easily as backyard cowboys who look to earn a quick buck by climbing on the side of a tall roof. Though I imagine th
Re: (Score:2, Funny)
This is just gorilla marketing.
Someone should contact the appropriate authorities - this man is located in the United States, and I'm pretty sure selling primates is illegal.
Re:Another Brilliant Revelation (Score:5, Insightful)
The rational response to this situation is that when the cost of keeping some old X running gets too high, you replace it with a new and improved X. But in this one case, no.
Which? (Score:2, Insightful)
And the energy companies, already feeling the pinch from falling energy prices and weak demand
Closing the older nuclear plants is not an option for many EU countries, which are facing an energy capacity crunch
Wait, which is it, is there too much electricity or not enough?
Re: (Score:3)
I read it as "as other types of plants (i.e. Coal) are being closed or mothballed because they can't cover their operating costs, or to meet stricter environmental regulation".
i.e. "there's not enough clean energy being produced and some of the older other (non-nuclear) types of plants are as dirty/dirtier than nuclear"?
Re: (Score:2)
Actually, there is to much power. Much to much.
There are some strong exporters, depending on time of year and daytime, like Swizerland, Germany, Denmark and Norway, also some eastern countries that especially deliver power when they already are at peak and the west is at 10:00 in the morning.
Since a few years, nearly two decades, the neighbours started to build up plants for export as well. During the time when the European spot market and all the market rules got forged.
Meanwhile many countries either have
Article tries to condemn nuclear, fails (Score:4, Insightful)
"Closing the older nuclear plants is not an option for many EU countries, which are facing an energy capacity crunch as other types of plant are being closed or mothballed because they can't cover their operating costs, or to meet stricter environmental regulation."
In short: While nuclear isn't perfect, it currently sucks less than any other alternative available.
(Renewables just aren't scalable enough yet.)
Re: (Score:3, Informative)
While nuclear isn't perfect, the paranoia about potential nuclear accidents means it isn't commercially viable.
In fact, coal processing has killed more humans from radioactivity than nuclear power in the United States and also in the world.
Also, hydro electric dams destroy and threaten to destroy a greater ecological area than nuclear power plants do.
The problem with nuclear power is simple ignorance. Most people don't understand it, and basi
Re: (Score:3)
> While nuclear isn't perfect, the paranoia about potential nuclear accidents means it isn't commercially viable.
That, or maybe...
1) the $7.60/W CAPEX, which is over seven times that of wind or natural gas
2) the multi-year lead times which means significant economic risk in an era of they-can-only-go-up interest rates
3) construction costs that invariably go very very wrong and leave the investors holding the bag
4) banks which have been watching all of this for 40 years and consider it to be a toxic inves
Re: (Score:2)
You also have the problem of location. Implied by cooling.
Basically, if you shut of an old plant, there likely is only the option to build the new one right besides it (rivers have not enough water in summer to cool that many plants). Germany at least has no safe options left, after meanwhile 'everyone' knows that ALL our plants are in seismic dangerous places. Except you perhaps want to try the russian idea and have 'special' nuclear reactor ships in the sea. For germany that would mean: instead of having
Re: (Score:2)
Give it up. The nuclear fanboys on slashdot will not believe it.
The nuclear industry itself states that this is the reason they don't build nuclear power plants (John Rowe):
http://www.bloomberg.com/video... [bloomberg.com]
Re: (Score:2)
> The major reason for the large capital expenditure of nuclear power is that a lot
> of reactors are quite large and need expensive containment.
Too true.
> There are proposals to build modular reactors
Proposals. When someone bends metal, let be know.
> Hydropower also is a large capital expenditure
Not even close. Excluding China for the simple reason that I don't believe either their accounting or their exchange rates, the last two hydro super-projects were Itaipu and La Grande, which both came in
Re: (Score:2)
Coal processing has not killed more than mining uranium by "processing", those agrs old myths are debunked since 30 years.
Re: (Score:2)
I've been modded troll for debating against nuclear before, recommend you contact admin, that's a dirty way to try to win an argument.
You are right of course, 5 years from now the debate will be over. Solar reached grid parity for 99% of the worlds residential populations - 105 countries 2 years ago.
Married with geothermal and up and coming mass storage technologies, renewables will take the market - money talks.
Re: (Score:2)
Thanks for the support but I don't care much about how someone mods me. Besides my karma's been pegged on excellent for longer than I can remember. I've considered starting to troll just to see how long it would take to drop it back down but I'm not a troll at heart :)
It always surprises me how the nuclear power fanboi's are so unrealistic about the cost of nuclear power. I'm not against nuclear power per se but unless they can cut the cost by more than half and still operate safely they don't have much
Elderly Nuclear Plants? (Score:5, Funny)
I didn't know nuclear plants were powered by the elderly. They told me grandma passed, and was in a better place. No one said that was inside a reactor.
Re:Elderly Nuclear Plants? (Score:5, Funny)
Re: Elderly Nuclear Plants? (Score:2)
Only if you're in a nuclear family.
Re: (Score:2)
Too late for me. Grandma's cookies are something I've always had a Jones for.
Failure of the 20th-Century Environmental Movement (Score:5, Insightful)
Environmental opposition to nuclear power has made nuclear power vastly more dangerous than it needs to be, which appears to be a deliberate strategy: if you are convinced beyond any reasoning that something is too dangerous to be used at all, then it becomes paradoxically sensible to work to make it as dangerous as possible so that other people will agree with your preconceived notions about the hazards. I'm not sure if this effect has a name yet. Proof by suicide?
Re: (Score:3)
I consider my an environmentalists, but a sane one. Hell, the primary reason why I became Libertarian was because both dems and pubs are responsible for so much destruction.
We desperately need an energy mix, not depending on just ONE TYPE of energy. Right now the greenies push wind/solar. Yet, BOTH depend on the sun, which means that if say yellowstone erupts, or China attacks and uses clouds over America first (C
re: nuclear waste (Score:2, Insightful)
Agree completely with your comments, although the nuclear waste issue still strikes me as one that few people are taking seriously enough. The reaction is always the same, "Don't load that stuff on a train that travels through MY city!" "Don't bury that stuff anywhere near MY place!" So it winds up sitting right where it started, on-site at the plant, where it's, to say the least, not an ideal storage location.
We've seen a lot of technical innovation in the last 50 years or so, which makes me question w
Re: (Score:3)
Re: (Score:2)
The "Environmental Movement" is not one homogeneous group of people. There are tons of sensible, evidence-based people like myself that have always been pro-nuclear. Then there are the non-evidence based folks who are terrified of "radiation" and rub crystals of themselves to cleanse their chakra.
I would like to think that I'm in the mainstream and they're the fringe.
Re: (Score:2)
For all of the laudable successes of the Environmental Movement in the late 20th Century (e.g. bans on DDT and chlorofluorocarbons, regulations to reduce sulphur dioxide emissions, habitat preservation), the anti-nuclear movement has to count as one of its great failures. These old plants are dangerous,
Yes, the anti-nuclear movement told you that would happen, but you ignored them. That was a failure, but it was largely yours.
Environmental opposition to nuclear power has made nuclear power vastly more dangerous than it needs to be,
Riiiiiight. Blaming the victim, real nice. It's not the environmentalists' fault that these old plants are dangerous. That's your fault. You put yourself in the pro-nuclear camp; you want to be there, you can take your share of the responsibility for making this situation possible. Instead, of course, of blaming the people who warned you. Fuck you for that.
Re: (Score:2)
You present a false choice. Nuclear or dirty fossil fuels.
Re: (Score:2)
Re: (Score:2)
Erm, you are mixing up stuff.
The anti nuclear horde always pointed out that the current plants are not safe. (And on top of that they don't want new ones).
And now you try to use that as a stick against them? Hey, lets build new nuclear plants (which are 'safer' ... but does that imply 'sade'?) so we can replace the old unsafe nuclear plants? Wow, and why did no one from the 'establishment' agree with them the last 50 years that the plants we operate said 50 years are unsafe? Wow, now as it seems convenient,
Re: (Score:2)
Erm, you are mixing up stuff.
The anti nuclear horde always pointed out that the current plants are not safe. (And on top of that they don't want new ones).
And now you try to use that as a stick against them?
The plants weren't unsafe when they were built. They are unsafe now because they are far beyond their design lifetime. We have better plant designs now. Why is this so hard to understand?
Re: (Score:2)
And why would any of these industries support environmentalists? In the short term, environmentalist opposition doesn't shut down nuclear plant competitors. In the
Re: (Score:2)
The ban on DDT, which you quote as a success story, is the main reason that malaria still kills millions today. Despite your defense of nuclear power, you still managed with that comment to jump onto the environmentalist propaganda bandwagon.
I am an environmentalist. Leftie as all hell, thank you very much.
With respect to DDT, I cited that deliberately, despite the fact that malaria does indeed take a huge human toll which could (in principle) be mitigated by widespread used of DDT. The problem is the tradeoff: Wholesale collapse of ecosystems is too high a price to pay for even millions of human lives, because the long-term result will be even more lives lost, and more suffering inflicted. The bacteria are going to win, eventually. Burning
We are SOO doing this wrong (Score:4, Interesting)
What should be happening is that we should put on-site NEW multiple small 3+ gen reactors, such as mPower, to handle the loads, providing power/money for the company, while they take down the OLD reactors.
At the same time, we need to do a 4th gen reactor that will burn up the 'nuclear waste', and leave only 5% of the volume as well leave it safe in under 200 years (as opposed to 20,000+ years).
Re: (Score:2)
Two problems with your plan. Firstly you can't just build a new plant or new reactors on the old site. Removing the old ones takes decades, and the spent fuel pools need to be dealt with as well. Existing UK plants are looking at between 40 and 90 years for decommissioning and clean up.
Secondly the reason no one is building reactors to burn up existing waste is that they are uneconomical and risky to develop. The only people trying are governments in China and India who ate willing to throw money at the pro
Re: (Score:2)
First, new reactors are added regularly to sites. In fact, in america, all of the current construction is doing just that.
Secondly, a number of sites have already Benn decommissioned and were done in less than 10-15 years. For example, ft. St. Vrain along with Zion plant took less than 10 years.
Third, it makes good economic sense to continue the sites with new fail-safe reactors, esp if they can use the 'waste' and convert it into a fraction of volume and years being dangerous.
It is far far better for these companies to keep the sites open, running safe nuclear, while cleaning up the old mess.
In addition, just as we are looking to build new safe reactors, it would be useful to come up with a rail-road based plant that will take the old nuke waste, and convert it into fuel for reactors like transatomic's, or flibe's. Upon converting a bunch, or perhaps all, then the plant is simply move
Alternate headline (Score:5, Insightful)
Nuclear power plants have greater value than first anticipated, so we're keeping them for longer than originally planned.
Both a supply crunch and falling prices? (Score:3)
Re: (Score:2)
Yeah, that is the brain dead idea 'how markets work' in the idea of the general public of america.
ThT was perhaps true 200 years ago, when sailing ships transported news about market changes.
If you want in our days to see a market opportunity for a new power plant you have three simple hurdles: money, planning/legislation/regulation/license and the actual building.
Now comes the complex problem: everyone around you who has the money: has the exact same idea.
And now comes what makes you bankrupt: the one who
Weak demand vs. capacity crunch (Score:3)
The above two quotes contradict each other. The first says there's weak demand, but the second says there's a "capacity crunch" (a shortage) which means there's too much demand. So which is it, a surplus of energy or a shortage of energy? It can't be both.
Resolving this contradiction will lead to the real problem. Then we can think about ways to solve it.
victory of stupidity (Score:2)
TFA is factually wrong on many counts.
The main reason we don't get new reactors in most european countries are political, not economical. In fact, power companies are doing fine and nuclear power is highly subsidized, mostly indirectly. New plants are expensive only on paper.
But the political culture has moved many countries into a very strange corner. Because the public dislikes nuclear power and wants it gone, but politicians don't (bribery, lobbyism, desire for energy-independence or wisdom in planning t
Re: (Score:3, Informative)
Re: (Score:3, Insightful)
Energy prices in Europe have been declining for a while now: http://www.platts.com/pressrel... [platts.com]
Electricity rates have been rising in America [inflationdata.com]. Perversely, this is because of falling demand. Electricity consumption peaked in 2007, and has been falling since then. Falling demand should mean lower prices, but most generators are protected monopolies that are guaranteed a profit. So falling demand means that fixed costs must be spread over fewer kwHrs.
Re: (Score:2)
> Electricity rates have been rising in America [inflationdata.com].
Because there was no major CAPEX for about 30 years. Nothing says profit like doing nothing and getting paid for it.
As to the real costs of generation, they've continued falling throughout. Which is what you'd expect, as the tech gets better. Right now base load on the Ontario interconnects is selling for (checking as I type...) 2.37 cents/kWh. This is around the lowest is has *ever* been, NOT accounting for inflation (when you add that,
Re:Falling energy prices and weak demand? (Score:5, Insightful)
“German power prices for March 16 delivery turned negative as wind power output rose above 24-GW combined with stronger solar production,” Franke said.
Translation: we've overproduced by such an amount that we're paying for people take our crap.
If the legislative environment weren't such that grid operators were forced to take unneeded generation, wind & solar would have to be curtailed and you'd see the owners of those facilities cry bloody murder, because that's lost revenue and a big hit to ROI. What's funnier is that this situation isn't going to get less frequent with more wind & solar buildout, it's going to get more frequent. Much, much more. The politicians have essentially made grid operators pay for the unreliability of wind & solar, instead of the people who actually own the thing and earn money from it. It's like making a public transport company pay for the lost wages of people who continuously oversleep and show up late for work, despite the public transport running on time.
Contrary to many wind & solar advocates' claims, negative energy prices are not good - it means something's seriously messed up in the grid.
At continental Europe’s most liquid natural gas trading hub, the Dutch TTF, the average price of day-ahead natural gas was €22.76/MWh in March, down 4% on February and down 29% year-over-year.
“The decline has accelerated in recent days,” Richardson said. “TTF prompt delivery gas has dropped below €20/MWh in early April trade, the first time we’ve seen it this low since December 2011. Norwegian gas flows have been healthy and demand for heat and storage have been low.”
So a significant part of the cheap power price is also natural gas, which is most decidedly not renewable and not zero-CO2.
Re:Falling energy prices and weak demand? (Score:5, Interesting)
> Translation: we've overproduced by such an amount that we're paying for people take our crap.
Another translation: due to decreased economic activity as industry moves to China, along with improved efficiency in household consumption and in the market in general, the existing generation assets we have are no longer needed as overall demand lowers.
Example: Ontario has been decommissioning nukes and coal plants for 10 years now and still has negative pricing at night. Exact same reasons.
Re:Falling energy prices and weak demand? (Score:4, Interesting)
German steel producers have already said they will move elsewhere if the electric power prices don't come back down again. It is uncompetitive to manufacture steel in Germany at current prices.
Re: (Score:2)
> It is uncompetitive to manufacture steel in Germany at current prices
It is uncompetitive to manufacture steel anywhere that has any sort of realistic exchange rates.
What, you didn't notice that steel companies in the US, Canada, England, France and Japan are also shutting down?
Re: (Score:2)
Yeah, with having the most important and most healthy steel industry of the planet.
Perhaps you should check the stock value and share prices of the majour german steel producers.
Re: (Score:2)
Re: (Score:3)
So a significant part of the cheap power price is also natural gas, which is most decidedly not renewable and not zero-CO2.
Things are a lot worse than you think. The fact is the electric power prices went down in Germany because coal prices are down. Why are they down? The US has a natural gas glut and has been exporting the excess coal, which is not required anymore, to countries like Germany.
Germany has been trying to get off natural gas because the major supplier to Central Europe is Russia and you know
Re: (Score:2)
While I agree that it's a fool's errand trying to reduce CO2 emissions without a large-scale reliable zero-CO2 baseload power source, I'm not convinced that CO2 emissions by Germany and Europe at large are going to increase in the future. The data [imgur.com] seems to suggest a downward trend and while I do think that this trend will hit definite limits unless the generation side is radically addressed (and what the Germans are doing isn't going to cut it, for various other reasons), it isn't entirely obvious simply fr
Re: (Score:2)
Basically every single statement is wrong.
a) Electric prices go down due to the huge effect of wind and solar, not because of cheap coal.
b) germanies import of coal from the USA is close to neglectible, it is under 20% of total coal imports (and did not really change recently) I believe the increase of coal imports was something like from 16% to 19% of our total consumption, not counting that our total consumptin dropped by 20% versus 1997 ... so bottom line the USA are exporting LESS than before, but cover
Re: (Score:3)
The German people have decided to make their grid serve them, not profit making companies. It's a very socialist thing to do so I can understand why it seems so strange to Americans.
As well as solar people are buying grid infrastructure. Towns are buying or building a grid that suits them, not the energy companies. The end result will be that electricity production is basically a non-profit endeavour, mostly run by nationalised companies and local government.
Re: (Score:2)
OMG panic, it's terrible, renewables have caused there to be cheap electricity, won't somebody think of the profits.
Re: (Score:2)
Re: (Score:2)
And which point did you try to make? ... 10 seconds thinking (well, I need that long sometimes when I'm completely drunk) should make clear: hm, that can not be it! So what is the reason for negative prices?! Why does germany still has so much wind power if the wind mill owners have to pay that one even takes that bloody wind power? Should be a no brainer that there is someth
That the guys who took a loan and build a wind turbine actually have to pay one to take their power? Is that your point?
A quick glance
Re: (Score:2)
Everything costs money to make and install. Really not sure what your point is.
Solar:
http://www.theecoexperts.co.uk... [theecoexperts.co.uk]
You'd be crazy not to install solar if your roof is pointing the right direction in the UK.
These power grid guys have worked out how to deal with the fluctuations:
Fully Charged - Electrical energy storage and its place in a low carbon future. [youtube.com]
Re: (Score:2)
Yeah, and you have no clue.
It makes no sense for an outsider to pick up a few or dozen random unrelated notes in the news and trying to grasp a general picture from it.
Hint: we have summer right now, we have lots of renewables right now: so, day ahead demand for GAS IS DAMN LOW! (No one is heating, e.g.)
Your conclusion: So a significant part of the cheap power price is also natural gas, which is most decidedly not renewable and not zero-CO2. is compete bollocks.
Unlike the US, Europe uses gas mainly for peak
Re: (Score:2)
The politicians have essentially made grid operators pay for the unreliability of wind & solar, instead of the people who actually own the thing and earn money from it. It's like making a public transport company pay for the lost wages of people who continuously oversleep and show up late for work, despite the public transport running on time.
This is the most apt and brilliant analogy for this issue I have yet seen... suitable for framing!
Re:Falling energy prices and weak demand? (Score:5, Interesting)
Citation please?
There are a number of nuclear plants which are not being kept in operation due to the advent of cheap, clean, natural gas. Fracking has increased the production of old wells and opened up new areas to energy production. So much that wholesale electricity prices have been falling (along with retail prices). This has hammered the nuclear industry (along with solar and wind power) who are facing rising costs (due to inflation, as well as plant age), not to mention other fuel sources such as coal are suffering too. This low natural gas price is not expected to rise for at least the next decade.
So, electric power has NOT been an industry to rack in billions of ill-gotten profits. They make profits, but many are facing the cold hard fact that their current set of generation capacity fueled by nuclear or coal is not going to be financially viable in short order. They are currently on a natural gas fired plant building binge, while shuttering their existing plants. I don't see this trend changing anytime soon.
Re: (Score:2)
> You obviously don't live in Ontario.
Wholesale prices in Ontario have been falling for several years. You can track them in realtime here:
http://www.ieso.ca
I think you're confusing wholesale and retail. Retail rates have been rising. That's because Ontario Hydro didn't spend a dime on the network for 45 years and the entire grid needs replacement, while running up about $20 billion in debts due to Darlington and Ernie Eave's brilliant "keep the price low" plan which really meant "run up Hydro's debt". A
Re: (Score:2)
Europe? We are going to be paying for the windmill overconstruction for the next 20 years with guaranteed profit contracts for generated power regardless if it is required or not.
Re: (Score:2)
Here in BC the government cut income taxes by 25% and have been making up the shortfalls from hydro so prices are really going up. They also want to build a new large damn on the Peace river for liquifying natural gas for export (they think they're going to make a fortune exporting gas) which will jack up our prices and flood a lot of nice farmland.
We have some ideal country for solar which combined with hydro would help the load as it produces best in the summer when the reservoirs are low but the first te
Re: (Score:2)
The reason why natural gas is dirt cheap and putting baseload plants out of business is largely because the gas cannot be stored, if it is not used where it is generated it is wasted. My guess is more pipeline infrastructure and gas liquification plants will come online over the next 10 years or so to stabilize the market.
I don't know where you live, but storing natural gas is routinely done here, even without converting it to liquid. It is also routinely piped long distances, including to my home, for use. It is not just wasted at the point of production.
So I'm not sure what you are talking about. If you are talking about shipping it to foreign markets, then LNG is required, but that's not what I'm talking about. I'm talking about domestic production and use.
Re: (Score:2)
Natural gas is the most easiest and cheapest way to store 'energy'.
But you are right, such storages and gas plants will come online, as many wind advocates suggest to use the excess power to create hydrogene and feed that into the gas grid, deluting it, so to say. And buy gas back when you need a peak gas plant.
Re: (Score:3)
Although I largely agree with your skepticism (and am intrigued by the sentence "Look up the French Revolution for an example of pretending that politics > math",would you care to expound on that?), I think your view lacks the perspective of the vast improvements that can be achieved with efficiency/ economy/ frugality.
http://www.energyrealities.org/chapter/meeting-our-needs/item/per-capita-energy-consumption/erp327B7C729A3B31D2B [energyrealities.org]
A relatively simple ten percent reduction in the top ten energy using countr
Re: (Score:2)
Europe, as a whole, actually hit over 80% coal, and still remains over 50% coal. However, with the situation with Russia, coal is expected to jump again.
China is currently at around 80% coal (and it is GROWING, not shrinking).
What these show, is that when you make a
How is this anti-nuke? (Score:3)
Re:The true cost of nuclear power (Score:4, Informative)
Nope. Horribly misinformed you are. Not worth discussing with you until you are educated on what currently available technology can accomplish, let alone near-future tech requiring only a handful of years of dedicated research.
Because I usually have to spell this out - I do NOT want you to change your opinion. I only want you informed so you stop spouting entirely incorrect information. There can be no discussion without agreement upon the basic science being discussed.
Start with just these two examples (out of many) and then let's talk:
http://en.wikipedia.org/wiki/Integral_fast_reactor
http://en.wikipedia.org/wiki/Candu
Re: (Score:2)
Re: (Score:2)
OTOH, MSRs, and IFRs can take what Candu and others can NOT use, and burn up 95% of it. And all at a fraction of the price
Re: (Score:2, Informative)
Re: (Score:3)
That's the strategy, folks: prevent nuclear reprocessing plants from getting built, so you can complain about the long-term nature of the spent fuel that reprocessing would have consumed.
Re:The true cost of nuclear power (Score:5, Interesting)
The true cost of coal power (Score:5, Insightful)
The true cost of nuclear power is practically infinite, because we have to insure that highly concentrated and deadly waste must not come into contact with people's bodies for somewhere between 100,000 and 1,000,000 years into the future, depending upon the waste.
The true cost of coal power is practically infinite, because we have to insure that highly dispersed and deadly waste must not come into contact with people's bodies for somewhere between 10,000,000,000 and over 10^33 years into the future, depending upon the waste. (the latter is the lower limits on the half-life of mercury)
We have only had a writing system for 5,200 years (roughly speaking, the length of recorded history). How many people on Earth today could read a radiation warning written in cuneiform 5,200 years ago (or today)? Many civilizations on Earth have had periods of scientific and technological decline, and we've all read articles about knowledge from Ancient Rome or, more recently, the Renaissance being rediscovered today. How can we guarantee persistence of any scientific or technical knowledge?
How are we supposed to convey the message: "Don't touch any of this, or pass it around. You and anyone who touches this will die not instantly but within months of a painful death, perhaps after you have traveled a great distance" for 200x the length of recorded history?
How are we supposed to convey the message: Um, could you guys put all this mercury, uranium, and greenhouse gases from our coal power plants back into the ground for us? We were too lazy to do it ourselves, we were hoping you guys wouldn't mind. Also don't eat any fish from the ocean, they're full of poisonous mercury, sorry about that.
Re: (Score:2)
It is if the cost of the raw materials has doubled in the last couple of years.
http://data.bls.gov/timeseries/WPU132?data_tool=XGtable
http://data.bls.gov/timeseries/WPU1321?data_tool=XGtable
http://www.infomine.com/investment/metal-prices/copper/all/
Re: (Score:3)
> we really should have built new cheaper and safer reactors
Newer designs are not cheaper. In fact, in spite of herculean efforts on the part of the industry, they're generally more expensive.
There are basically three "newer" designs that are actually available on the market, the EPR, AP1000 and ABWR. Other designs like the APWR, ACR-1000 and similar are dead, while others like the VVER are unlikely to be sold outside Russian client states, who get them basically for free.
Here's a current report on all o