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Economics, Climate Change, Safety Concerns, all cast Doubt on Nuclear Revival

China builds French reactor for 40% less. We can hope all of the new reactors around the world are built to high standards, and are operated professionally, but it seems to me that there is less and less control possible over this situation.

Why Nuclear May Not be the Answer to Oil Shortages | Oil Price.com, By. Gail Tverberg, 8 Jan 2011, …………The problem is that there is also a possibility that somewhere along the line, things will start breaking down. Perhaps the decline in oil production will affect the financial system, or international trade, or even the electrical system.The possibility doesn’t even have to be high percentage-wise. Suppose there is a 5% chance of such an adverse outcome. It would seem like such an adverse outcome could impact the safety of the nuclear power plants.

If a nuclear power plant needs a repair, it might not be possible to make such a repair. Political stability might go downhill. Such a change might also reduce the ability to continue mining uranium and to trade it around the world. If nothing else, the huge investment in the nuclear power plant might turn out to be useful for much less than the 60 year planned lifetime.

When one is looking out as far as 2080, there is also a possibility that climate change may also be a factor. For example, climate change might cause a shortage of water for cooling, or cause sea level rise in the area where a plant is located.

It should be pointed out too, that new nuclear plants are being considered, even in countries we would consider “lesser developed nations” today. Also, countries building these nuclear power plants will want to get the cheapest cost possible.  We now read, China builds French reactor for 40% less. We can hope all of the new reactors around the world are built to high standards, and are operated professionally, but it seems to me that there is less and less control possible over this situation.

All of this would not be an issue, if nuclear power plants were built in such a way that they could continue to be operated safely, even without trained staff and without decommissioning at the end of their lifetimes. People talk about using thorium, and about recycling most of the fuel, and about various other approaches that might fix most of nuclear’s safety issues. At this point, though, I don’t see these issues as fully resolved……..
I am not sure we have good answers, but before we jump to the conclusion that nuclear is a major part of the solution, it seems to me that we need to think through what the risks really are.

Why Nuclear May Not be the Answer to Oil Shortages | Oil Price.com

January 8, 2011 - Posted by | 2 WORLD, business and costs

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