The first of the next generation natrium fast reactor plants is being constructed by Terrapower in Wyoming, which will retire a nearby coal plant.
They are safe.
Many nuclear plants are decades old. But natrium plants are being constructed, which are more efficient.
Nuclear power is quite safe and environmentally friendlier compared to fossil fuel plants.
That's because people are ignorant about nuclear and there's a stigma attached to them.
Solar Power
- Utility-Scale Solar Farms: In the United States, the average installation cost ranges from $900,000 to $1.3 million per MW, excluding land costs. HomeGuide
- India: Costs are generally lower, averaging between ₹4 crore to ₹5 crore (approximately $480,000 to $600,000) per MW. solaraceenergy.com+1Om Solar+1
- Europe: In countries like Germany, installation costs are around €800,000 to €1 million (approximately $880,000 to $1.1 million) per MW. Energy storage blog
Onshore Wind
- Global Average: The installation cost for onshore wind projects typically averages around $1.3 million per MW, though this can vary based on terrain and infrastructure requirements.
Offshore Wind
- Fixed-Bottom Installations: These are more expensive, with costs averaging around $2.3 million per MW.
- Floating Offshore Wind: As a newer technology, floating wind installations can cost upwards of $3.2 million per MW, reflecting higher engineering and deployment expenses.
Education would seem to be the best way.
Agreed and I wholly support such methods. That said, their power generation does not match nuclear or fosil fuels and are at the mercy of the environment. But they do make an excellent supplement to those power sources, reducing the demand for them.
If homes and other buildings included solar panels, they would be cheaper in the long run than paying for generated power from a plant. More individual utilization would also decrease the need and cost of solar farms.
Of course folk are reticent to have a nuclear reactor near them, safety is the biggest negative to folk getting behind nuclear power, in my opinion, and for good reason, Chernobyl and Three Mile Island etc.
Fossil fuels are not cheap when one considers the amount needed to produce the same amount of energy as nuclear. Then there's the extraction, transportation, processing, environmental, and health effects of fossil fuels.
Education can influence or change perception.
Production is cheaper for nuclear but installation is once again folds more pricier which is the main investment. Also nuclear has significant price for removal compared to fossil fuels or renewables. You are asking billions if not tens of billions upfront and 5-10 years before electricity can be produced, obviously people are afraid to do this if its not a 100% winner which it isn't even close. Fossil fuels and Renewables are dozens of millions or hundreds of millions and a year or less.
The bulk of nuclear costs is in the construction of a plant. Afterwards, costs of electrical generation and operations are less. Nuclear also produces much less waste and can be stored on site. Fossil fuels costs are at the mercy of the market and produce much more pollutions and are less efficient at energy production. Basically, nuclear is a cheaper, cleaner, and more practical investment over the long term.
Not very much, 0.4%.
I have acknowledged the fact constitution costs are higher.
I have also explained long term operational costs and energy production is less. As is pollution generation.
Seems that all of the growth is in China. And their electricity primarily comes from coal. So what we really have is a large increase in coal-powered vehicles.I know this has been a topic of discussion since the early 90s but for whole other reasons that we might run out of oil. I would like to bring another argument here, that we are at the end of the oil age not because we have run out of oil but because we just won't need as much of it anymore.
According to statistics, we use oil for gasoline/diesel transport around 55-70% of it. While the remaining 30-45% is everything else from products to lubricants to high octane kerosine and anything else.
But there is a trend that EVs adoption seems to be increasing in pace against our wildest imaginations with China and Europe taking the lead. And the tempo seems to be only accelerating world-wide. The only major economy slow at adopting this is America and Russia.
Share of EV sales compared to ICE(combustion engine):
View attachment 67569788
Trend in 2025:
Snapshot electric vehicle sales in Q1 2025 vs Q1 2024, YTD %
Basically 29% increase from 2024Q1 to 2025Q1
- Global: 4.1 million, +29%
- China: 2.4 million, +36%
- Europe: 0.9 million, +22%
- North America: 0.5 million, +16%
- Rest of World: 0.3 million, +27%
View attachment 67569789
This will put the sales at roughly 30% of total if the trend keeps up in 2025.
Right now we are still not feeling the decrease of oil consumption from it that well since the numbers started spiking fast in 2020 but it seems in the next 1-2 the drop will start and in 5 years from now severe drop in oil consumption will start.
Source: https://rhomotion.com/
Global EV Sales Up 29% In 2025 From Previous Year
Rho Motion, the leading EV research house, today revealed that the number of electric vehicles sold globally in March 2025 is 1.7 million, with 4.1 million sold in Q1 2025. The EV market grew by 29% in March 2025 compared to March 2024, and increased by 40% compared to February 2025. Rho Motion...rhomotion.com
But oil of that mix is only a tiny, tiny fraction. You didn't ask about Natural Gas and Coal, you asked about Oil. The vast majority of fossil fuel electricity production comes from Natural Gas. You should be glad that is the case as it's very clean, and unlike with Coal, we don't have to blow up entire mountains to get it.
The cost overruns for the last 2 reactor units completed in the US were attributed to contractor nonperformance. If we are to believe the so-called environmentalists pushing the green new deal cost should be a distant second.
Noise, heat islands, and being unsightly are all complains about bird Cuisinart wind turbines. Bird incinerating, habitat destroying solar energy farms require large acreage to generate significant load plus battery storage. Nobody wants to live near green energy generation facilities either.
As I said those are all unavoidable constants.
