A "tool" to understand costs of nuclear energy production from the "The Bulletin of the Atomic Scientists". Could this tool be any more biased? I doubt it looking at the selected metrics.
Yes, it could be more biased. It could have been written by someone with no technical knowledge and a political agenda, like mdsolar.
First the costs for long term securing spent fuel are grossly underestimated. After all, can we really estimate the cost of securing spent fuel for over 100'000 years? It's a bit of a philosophical question, but point is - it can't really be estimated.
Yes, it can and has been estimated, by the nuclear industry and the department of energy.
More importantly, the "tool" seems to cover only construction costs. Nowhere are decommissioning costs included, which are order of magnitude over the construction costs. Experience has shown both in the US and elsewhere, that these costs have been (willingly or not) underestimated by order of magnitude by the industry.
This is just flat out wrong. Decommissioning costs are in the hundreds of million dollars, construction costs are in the billions. And they are included, by law, in the construction costs.
The lack of transparency help a large boom of the industry 30 years ago, but the lack of long term sight is kicking back in full force. Sad of an industry, which should secure waste thousands if not millions of years.
Let me be clear on my sight. I am actually in favour of sensible use and development of nuclear energy. But this cannot be done without transparency, hiding the real costs. Worse, I believe its the hiding of the real costs (and risks) that made this industry stagnate and sent it towards its death (lets be honest, Atomic industry is really dying). This tools seems only to continue this long tradition.
It's a lung cancer patient dying with a cigarette in the hand.
Just because you are not aware of how all the costs are calculated and accounted for in practice in the industry does not mean no one does, or that they are not accounted for at all. The only thing killing the nuclear industry these days is the natural gas business, but that is not permanent, it's due to huge supply increases with lack of transportation ability and slow demand shift. While gas is the best option today, power companies still want to build and maintain a nuclear fleet to have a diversity of energy source and not put their eggs all in one basket.