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Europeans over 65 will outnumber those under 15 next year (www.irishexaminer.com)

submitted 1 year ago by [email protected] to c/world

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[–] [email protected] 3 points 1 year ago

Germany's strategy of going all-in on LNG has been a colossal failure, and I do not believe going all-in on any other energy sources is wise. Diversification of energy grids is almost always the best strategy, as it mitigates risks which are as yet unforeseen. Let's build wind and solar, but let's also build nuclear. Worst case scenario Germany has lots of clean energy.

There is nothing wrong with diversification, but it is always a question of how much bang for the buck you get in the end - especially against the background of the politically explosive debate about electricity prices. The real costs of nuclear power (including risk insurance, etc.) are immense and one must honestly ask oneself what amount of renewable energy one can get on the grid with the same investment in a realistic time. Given that Flamanville, Olkiluoto and Hinkley Point will be / already are all massively over budget, I assume that with the expansion of the trans-European grids (HVDCs) and seasonal storage of green hydrogen, methane, etc. we will probably achieve this goal better and cheaper...

Canada and Australia are #2 and #4 producers of uranium. Uranium mining is extremely distributed, and we have no strategic risk of losing access.

OK, point taken - assuming that their deposits are sufficient for the uranium demand of the whole western world for the next 50-100 years (?), supply may be regarded as secured.

We do not shut down nuclear plants. They are not quick-fire generation. They stay in operation indefinitely, and provide stable power during periods of low sun and wind. They make an excellent complement to renewable grids which are subject to high volatility.

Correct, that is exactly the problem: Without an unconditional feed-in guarantee (i.e. even at times when the nuclear power plants could operate economically on the common European electricity market), no operator would agree to produce nuclear energy. This, in turn, ensures that any power plants that cannot be shut down quickly enough (especially nuclear and coal-fired) have the effect that wind farms, in particular, often have to be taken off the grid. Since this is also connected with compensation payments to the wind power operators, these are external costs of nuclear power which we all (private households and industry) have to pay via our electricity price...