36:07 The problem with nuclear power is the negative learning curve: the more you build, the higher the CAPEX gets. thinkprogress.org/does-nuclear-power-have-a-negative-learning-curve-b389ef2de998/ That was also the reason for the Westinghouse bankruptcy, and that was also the reason only one of the two sites (Summer & Vogtle) decided to further invest additional billions to finish the AP1000 twins.
That is costs billions is probably due to the exclusivity of the topic, and the fat paychecks people who have the knowledge want. Also regulation will cost money... People who want big paychecks again. That said, the amount of money it brings up is probably a lot higher than the billions of dollars it costs.
Awesome presentation. Thanks
I always knew nuclear technology was magic, and now I know it is as Paul Daniels is giving lectures!
36:07 The problem with nuclear power is the negative learning curve: the more you build, the higher the CAPEX gets. thinkprogress.org/does-nuclear-power-have-a-negative-learning-curve-b389ef2de998/ That was also the reason for the Westinghouse bankruptcy, and that was also the reason only one of the two sites (Summer & Vogtle) decided to further invest additional billions to finish the AP1000 twins.
Wicked!
That is costs billions is probably due to the exclusivity of the topic, and the fat paychecks people who have the knowledge want. Also regulation will cost money... People who want big paychecks again.
That said, the amount of money it brings up is probably a lot higher than the billions of dollars it costs.