Re: oil

From: Jay Willingham (jaywillingham@cfl.rr.com)
Date: Thu Nov 28 2002 - 10:26:55 EST

  • Next message: Glenn Morton: "RE: oil"

    Excellent thumbnail analysis.

    I call the "irrational fear" of nukes the "Godzilla Syndrome".

    Happy Thanksgiving everyone!

    Jay

    ----- Original Message -----
    From: "Dr. Blake Nelson" <bnelson301@yahoo.com>
    To: "Walter Hicks" <wallyshoes@mindspring.com>; "Glenn Morton"
    <glenn.morton@btinternet.com>
    Cc: "Dr. Blake Nelson" <bnelson301@yahoo.com>; <RDehaan237@aol.com>;
    <asa@calvin.edu>
    Sent: Wednesday, November 27, 2002 9:36 PM
    Subject: Re: oil

    >
    > Not to get into the details of all this, there are
    > manifold things not taken into account by Glenn's dour
    > attitude toward fission, including:
    >
    > 1. Improvements in technology for fission reactors
    > 2. Economies of scale, a company like Toshiba, if it
    > has a fleet of advanced boiling water reactors to
    > build for a couple of companies can build them pretty
    > cheap and almost cost-effective in today's cheap
    > fossil fuel market,
    > 3. The decline of fossil fuels will make nukes more
    > economically viable as the cost of fossil fuels go up
    > to reflect the higher cost of fossil fuels,
    > 4. Governments will adopt pro-nuke policies. For
    > example, in the US the biggest single inhibiting
    > factor to new nukes (after the fact that fossil fuels
    > are cheap and building only one nuclear plant is
    > expensive) is that an unregulated (e.g., can't be
    > guaranteed to get the costs of construction and
    > decommissioning included in a regulated base rate)
    > utility has to put up ALL the decomissioning costs up
    > front. At hundreds of millions of dollars, you can't
    > finance that easily, it is a deal breaker.
    > 5. The megawatt plant Glenn assumes is one that has
    > flopped on the world market as the perfect price point
    > for inefficiency. Plants will come in two varieties
    > -- 1,200+ megawatt behemoths, and modular plants with
    > each modular unit somewhere on the order of 100MW --
    > both methods will make the plants more cost efficient
    > to build, operate and maintain.
    > 6. Building and operating new nuke plants will
    > increase GDP and make money for countless private
    > businesses and the government. GDP is not a zero sum
    > game.
    >
    > I can go on... if you assume the ludicrous convert
    > tomorrow scenario Glenn postulates and have today's
    > fixed pie to pay for it, yes, the numbers look bad.
    > But what will happen is really more akin to the
    > transition from coal to natural gas, and this is what
    > would be happening now if it were not for the huge
    > capital costs of doing a single plant, the cheapness
    > of fossil fuel and the continued (albeit diminishing)
    > irrational concern over nuclear plants.
    >
    > Regards,
    >
    > Blake
    >
    > --- Walter Hicks <wallyshoes@mindspring.com> wrote:
    > > Glenn,
    > >
    > > If you do this for fission, how much does this
    > > improve?
    > >
    > > Walt
    > >
    >
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