Using supercritical CO2 instead of water for steam engines, we can more efficiently make electricity. They can be built anywhere and work better because the CO2 is like a water and a gas. China currently leads this technology race.
Even when comparing an electric vehicle getting electricity from a gas power plant to a gas vehicle, electric vehicles are still more carbon friendly because a car’s engine is less efficient at generating power than a gas power plant, and because a lot of carbon is used to transport gasoline. And, as electric grids use more and more low-carbon sources, the electric cars have an even greater carbon advantage.
Global warming is a contributor to increased electricity prices, then politicians use high electricity prices to argue that we need more fossil fuel based electricity, which drives global warming higher.
Private electricity companies are supposed to have their prices managed by governments because they form natural monopolies, but they make tons of money because they capture the government and screw over the electricity user.
Small modular nuclear reactors may end up being a good idea, but they have problems. They require more shielding overall compared to one big reactor. As of yet, they haven’t been built with more speed. They produce energy less efficiently than one big reactor.
“The timing of this loan makes the investment all the more questionable. As CNBC reports, “When asked why Constellation was receiving the loan now,” an Energy Department official said, “Constellation could have completed the project without help from the Energy Department. But the loan will help make electricity cheaper for consumers on the grid operated by PJM Interconnection, which serves more than 65 million people across 13 states.”
Wanting to reduce electricity rates may be a worthwhile goal—energy costs are outpacing inflation and are rising faster in some states with a higher concentration of data centers—but pouring public money into restarting nuclear power plants is not the best way to achieve this.”
As the U.S. backs away from clean energy and limiting global warming on the president’s false belief that climate change is a hoax, China is stepping in as a leader globally, leading on the issue and selling its technologies and products to countries around the world. Despite its leadership and its massive renewable production, it still uses a lot of dirty coal. China’s clean energy partnerships around the world give it influence. The Trump-led U.S. is banking on past fuels and energy, while China is advancing into the future.
“Nuclear power is clean, reliable, and safe, but forcing taxpayers to bet on its future success is risky. After thriving throughout the ’60s, ’70s, and ’80s, the industry has been plagued by P.R. disasters and project failures that have hampered nuclear power for much of the last 30 years.”