Frankly, I think from a business perspective, it’s over. I think it’s over. Let me explain why. There may be a lot of ideological issues, but from a business perspective here’s the situation…
- Presently, 400 old nukes supply 6% of electrical energy. We’d need to replace them and build 1600 more to make a difference. At three a month, each month for 40 years, too slow to make a difference.
- We don’t know what to do with the radwaste
- Running out of high-quality uranium ore, so operating cost will go up
- Reprocessing waste could solve #3, but not in an age of terrorism
- Insufficient water for cooling
- Nuclear is centralized power, not distributed, collaborative or laterally scaled
*Forbes: “Economist and energy visionary […] advisor to the European Union and to heads of state around the world.”