this post was submitted on 01 Oct 2023
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Yo better check your fuel prices: https://www.economist.com/finance-and-economics/2023/09/21/why-uranium-prices-are-soaring
Plus imagine how expensive uranium will get once we start relying on nuclear. It'll be the new oil.
Raw material is usually a small fraction of the cost of refueling. I would also argue that the Russian-Ukrainian conflict is a small blip in the lifetime of a reactor, ~80 years. Transient pricing will have a negligible effect on the LCOE.
Not only that, imagine how thrilled nature and the environment will be at massive extraction efforts ripping apart landscapes to provide fuel for a method of generating power that is obsolete since at least three decades by now.
Don’t need to, just down-blend from the available fuel used from weapons put out of commission as a result of disarmament treaties.
Now, about those materials used to construct solar panels…