A story in the Hawaii Reporter (http://www.hawaiireporter.com/), by Michael. R. Fox, Ph.D, describes the US energy subsidy program in the clearest manner that I have ever seen. Some critics have claimed that the $50 billion Nuclear Loan Guarantee is excessive. (My take; this is ridiculous. In the past there were some shoddy nuke programs, but transparency will guarantee that will not happen again; it is most likely that not a single $billion will have to be spent.)
On the other hand, Mr. Fox, with 40 years in energy, plus University teaching, says that the subsidies for renewables have been ongoing for three decades, with little to show. Now, there is a 0.52 per gallon subsidy on ethanol, which has only 2/3 the energy of gas (data from another source). If nukes received compensation for clean energy delivered, that was equivalent to the ethanol subsidy, one-gig nukes, which produce one million kilowatts each instant, and one million kwh each hour, would be paid a subsidy of $22,000 for every hour of operation.
The cost to build nuclear plants is wildly exaggerated by antinuke activists. Costs are also artificially inflated by government overregulation. In the early 70's many US plants were built for $100,000,000. Some of these were probably slapdash, but plants could be built quite safely now for a few $billion, under current strict supervision. Japan builds for $1.7 billion, and China, probably for less.
As for strict supervision, it is unfortunately too strict, and intrusive. Sometimes, changes are made in designs after construction starts. Then, instead of simple design revisions by software, concrete, rebar, cables, etc. have to be ripped out causing huge overruns. Also, the paperwork for construction is excessive. In one case studied, 44,000,000 pages of documents were produced, almost 2/3 of a ton per day. The nuclear renaissance which is starting in America, needs more common sense supervision than this for success.
On the other hand, Mr. Fox, with 40 years in energy, plus University teaching, says that the subsidies for renewables have been ongoing for three decades, with little to show. Now, there is a 0.52 per gallon subsidy on ethanol, which has only 2/3 the energy of gas (data from another source). If nukes received compensation for clean energy delivered, that was equivalent to the ethanol subsidy, one-gig nukes, which produce one million kilowatts each instant, and one million kwh each hour, would be paid a subsidy of $22,000 for every hour of operation.
The cost to build nuclear plants is wildly exaggerated by antinuke activists. Costs are also artificially inflated by government overregulation. In the early 70's many US plants were built for $100,000,000. Some of these were probably slapdash, but plants could be built quite safely now for a few $billion, under current strict supervision. Japan builds for $1.7 billion, and China, probably for less.
As for strict supervision, it is unfortunately too strict, and intrusive. Sometimes, changes are made in designs after construction starts. Then, instead of simple design revisions by software, concrete, rebar, cables, etc. have to be ripped out causing huge overruns. Also, the paperwork for construction is excessive. In one case studied, 44,000,000 pages of documents were produced, almost 2/3 of a ton per day. The nuclear renaissance which is starting in America, needs more common sense supervision than this for success.
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