The U.S. government is shelling out a whopping $2.7 billion to three companies in an effort to strengthen domestic uranium enrichment, amid surging electricity demand from AI data centers.
The Department of Energy announced on Monday that it will award $900 million each to American Centrifuge Operating and Orano Federal Services, as well as General Matter, a nuclear startup backed by billionaire investor Peter Thiel.
The funding will be distributed through task orders over the next 10 years, under what the department described as a “strict milestone approach.”
I don’t think you can win the economic argument, everything I’ve seen suggests nuclear is far more expensive and it’s not getting cheaper, whereas renewables are but if you’ve got sources, by all means let’s see them.
Sodium batteries don’t require a way larger footprint, it’s true they’re not quite as energy dense but they’re being used in EVs in China, there’s a little reduction in range for the same size pack but they’re way better in extreme cold and heat so you’re not drawing as much power to condition the battery.
If we’re talking 10-15 years from now, when a new nuclear plant would come online, there’s going to be a lot of EV batteries around. Maybe they get recycled but that seems a waste when they’ve only lost a little capacity. I guess we’ll see.
https://www.iea.org/reports/projected-costs-of-generating-electricity-2020
That’s 6 years old and written in conjunction with the NEA.
https://en.wikipedia.org/wiki/Nuclear_Energy_Agency
Still there’s this from that report:
In the US, at least nuclear is much more expensive than wind and solar.
Here’s last year’s figures. Nuclear is crazy expensive.
https://www.lazard.com/research-insights/levelized-cost-of-energyplus-lcoeplus/