One nuclear accident and you **** up 1/4 of the planet for hundreds of years.
How much of that statement is hyperbole? Of the people around Fukushima who were evacuated and today are not back in their homes, what percentage of the area's pre-accident population are
prevented from going back due to contamination and what is the ratio of those
voluntarily staying-away?
Also, nuclear plants don't go up in a year. Or even 5. Here in GA they've been trying to build one, ONE new plant and it's headed for 2 decades to come online with a price tag in BILLIONS.
Speaking of Vogtle-3 and Vogtle-4, right? "Headed for two decades" is misrepresentation if you don't provide context.
These two power plants use the AP1000 design, which first received Design Certification (intended under law to simplify the license application process for a utility) from the Nuclear Regulatory Commission (NRC) in December 2005. A bunch of utilities considered expanding their nuclear portfolios using this reactor design as the cost of natural gas was then high and yes, Southern started talking about building Vogtle-3 and Vogtle-4 about that time and signed a contract in 2008 ... but surprise! In 2009/2010 the NRC decided to change some criteria for licensing so Westinghouse (the designer) had to re-analyze/rework what was newly-unacceptable and an amended Design Certification was approved January 2012 (that's more than 6 years after the first cert). Once that was done
then in February 2012 the NRC could legally issue the Construction-Operation License (COL) for Vogtle-3 and Vogtle-4, first concrete for Vogtle-3 was poured literally days later. Vogtle-3 is now expected to be in commercial operation (ie, making money) early 2022, they started Hot Functional Testing a few weeks ago so fuel load is probably late this year.
... so when Southern signed the contract in 2008, they thought they were buying a design for which construction could start relatively soon, but instead construction could not start until the design met the NRC's changed requirements, and I guess you could say it delayed things for 2 years
When it comes to BILLIONS and the time to construct, yes, a wide difference from a gas or coal plant and there have been cost escalations & schedule delays at Vogtle, but also let's consider:
- Do gas/coal plants have the same amount of regulation as nuclear?
- Who had to suck-up the costs for the amended design certification? It wasn't the NRC and to me it seems then-Chairman Jaszko was trying to delay things as much as he could
- During the delay for the amended design certification, who pays the interest for the down payment? Does the cost of labor go up over time? Do you think there were costs for "putting-off" when you would need to start ramping-up the number of construction laborers?
- Southern has had to suck-up development costs that initially were going to be spread-out among them, SCANA (Summer-2 and Summer-3, construction abandoned 2017), TVA (planned Bellefonte-3 and Bellefonte-4, but idea scrapped to try completing Bellefonte-1), FPL (I think they have COLs for Turkey Point-7 and -8 but they haven't signed a contract to build), Duke, and Progress (I think Duke and Progress were each talking one greenfield site but dropped-out to concentrate on their existing fleets once price of natural gas started to drop due to fracking)
- What was the state of the nuclear construction industry in the US in 2005? How much more robust does your Quality Assurance program have to be when constructing nuclear as compared to gas/coal?
- What other companies have marketed nuclear power plants in the US in the past 20 years, how mature are those designs, and what is their construction status? That'd be helpful for comparison
- To start producing power, a nuclear power plant has to have the first 18-24 months of fuel already on-site (ie, in the core) whereas gas/coal plants don't have the same requirement -- for nuclear, a good chunk of your total cost of ownership is upfront
- Considering the main people at the controls of a nuclear power plant have to be licensed by the NRC, how much additional cost is training and retention at a nuclear power plant compared to a gas or coal plant?
[end hijack]