and the cost for hydro, wind, and solar power is set to get even cheaper. And with each new nuclear site often taking over a decade to build, there are serious questions whether the erection of nuclear plants will come quickly
This second camp mourns the decline of nuclear power, which has steepened since the 2011 meltdown at Fukushima. The International Energy Agency estimates the developed world is on track to lose 66% of its current nuclear capacity by 2040. In the US, where nuclear power produces nearly 40% ...
and a bunch of launches from SpaceX's newest, gigantic rocket, which really changes the economics, makes launch even cheaper than it's been. Tons of startups taking advantage of that. I think humanity is really going to push into space in a commercial way that we haven't before and we...
There’s no such thing as a free lunch. And talk about wind and solar being free and getting cheaper all the time is just like being promised a 3-course lunch where nobody has to pay. As Francis Menton outlines below, basic arithmetic and rudimentary accounting is all that is required ...
Room temperature superconductors are a scientific holy grail. They’re like economically viable carbon capture, nuclear rocket engines, or energy net-positive fusion reactions. They’re something that should be doable, we think we can do it, but we just haven’t quite got there yet, despite ye...
Altman says fusion, if it can be commercialized as Helion envisions, and Oklo, with its smaller, cheaper nuclear reactors, can co-exist. The need for clean, cheap energy "is so vast" that having multiple source of reliable, clean nuclear energy is a good thing, Altman says. Also, becaus...
So, while many people may prefer their energy to come from a renewable source, not so many are prepared to pay higher energy bills. This is of particular concern while the world economy is in such bad shape. The main argument against nuclear energy is that it isn’t safe. For a start...
many energy suppliers have gone bust and household bills across Europe are set to soar. Energy prices are driving up the cost of living and inflation, but this is also a moment to realize the old saying: "never waste a good crisis."...
More power plants equals cheaper power Another of the factors that makes nuclear power plants so expensive is that we haven't built very many in recent years. This means that there is no industrial supply chain of companies with the expertise to manufacture the technology, reducing competition an...
There is no single answer to this question since the output from renewable energy depends heavily on geographical factors, like the weather. Both solar and wind power have seen drastic improvements in electrical output, and in many locations, they are now cheaper than fossil fuels. Hydroelectric,...