EDF is building a nuclear power plant at Hinkley Point in England. EDF proudly requires that each of its plants have a tombstone like Figure 1 at the main entrance, a point it emphasizes in its advertising. EDF is not alone, you will find the phrase "safety is our overriding priority" in various forms repeated over and over again by the NRC, INPO, and the rest of the nuclear establishment. For example, INPO has a monomanical focus on safety culture which it defines as “an organization’s values and behaviors that serve to make nuclear safety the overriding priority.”
Hinkley Point C(HPC) will cost at least $18,000/kW and take over 12 years to construct. //
Table 1 shows the overnight cost in 2024 USD and build times of the six lowest overnight cost plants built in the USA. When I lived in the Florida Keys, I enjoyed some of the cheapest electricity in the country, thanks to Turkey Point 3 and 4.
If you repeat the Figure 2 calculation for Turkey Point 3 at $795 per kW, the LCOE is just under 3 cents/kWh, about 4 times less than Hinkley Point 3. //
Over the 3 year, 2022-2024 period, the EIA finds that Turkey Point 3 had a capacity factor of 95.2%, about 5% above the USA average, and ranking it 15th among 92 reactors, In 53 years of operation, Turkey Point 3 and all its elderly brethren have harmed exactly zero members of the public. Most of these plants will still be operating in 2050. Turkey Point 3 and the other five plants in Table 1 were designed and built before the current regulatory apparat became organized. There was no independent regulator. //
We made a disastrous, tragic, colossal, brobdingnagian blunder. We set up an omnipotent bureaucracy whose overriding priority, as it so clearly states, is nuclear safety. While Congress declared "public health and safety" to be just one one of its goals, it created an apparat for which nuclear health and safety was effectively the only goal. The NRC would be judged on its ability to prevent a release. Period.
Bureaucrats are not saints. They reacted according to the incentives they have been given, just as we would. And since we have given the last word to these souls we have misguided, it is their priorities that rule, not society's. The regulatory structure that the AEA/ERA setup is inherently inconsistent with the stated goals.
The result has been an auto-genocidal increase in the cost of nuclear power for no apparent benefit. There is nothing in the actual harm data that suggests the oldest plants are less safe than the newest. When Three Mile Island 2 melted down in 1979 and produced the biggest release in the US so far, it was the youngest plant in the US fleet, and subject to the most stringent regulation. //
vboring
May 13
Grok estimates that the choice to implement "safety" regulations for nuclear energy in such expensive ways has killed about 840,000 people in the US so far.
Safety first! is a strict lie.
