"not a single nuclear power plant on the planet works cost effective and doesn't need subsidies" Joe Kaeser, recent CEO of Siemens Energy.

@solarpapst

uh-oh. Kaeser is walking the Hillebrand-Path.

@solarpapst Meine Timeline hier grade: 🥳
@solarpapst exactly. Leave the nuclear in the space craft. Solar and wind both have more than we need here now.

@solarpapst

And that is a fact…

@solarpapst As a former Siemens employee and Siemens shareholder i can disclose you my observation that Joe is not always right.

@lobingera

What's wrong with his statement?

Even without the costs for
- the unsolved storage of radioactive waist
- dismantling of the radioactive plant itself
- a liability insurance that would cover at least parts of the risks
...these things are not cost effective.

> ...and Siemens shareholder...

Your motive/"expertise" is your bank account?

@solarpapst

@ePD5qRxX @solarpapst

Siemens stopped being active in nuclear power, Siemens Energy in the meanwhile ...

https://www.br.de/nachrichten/wirtschaft/siemens-energy-rueckkehr-ins-kernkraft-geschaeft,Ue5OTDB

And you can look up, he's not CEO anymore.

Still: I agree to his statement.

Siemens Energy: Rückkehr ins Kernkraft-Geschäft

Vor 14 Jahren stieg Siemens aus der Technologie für Atomkraftwerke aus – sie habe keine Zukunft. Doch nun will Siemens Energy künftig auch Turbinen für sogenannte Kleine Modulare Reaktoren liefern. An solchen Systemen wird weltweit geforscht.

BR24

@ePD5qRxX @solarpapst @lobingera

What they want to deliver are the turbines.

So stuff they anyhow know how to build on different scales (Wind, Gas, ...). So as an outsider it looks to me ask they can provide that with very little effort. And as long as their payment is fixed and not bound to the profits of the NPP, they just take the investors money.

In a gold rush, you must be the one selling shovels...

@ePD5qRxX @lobingera @solarpapst radioactive waste has been solved for quite a while, since less that 1% of waste is hyghly radiactive.

I don't know why are we talking about insurance when nuclear should be proactively mantained by government entities, and at worst, public/private collaborations.

@solarpapst While we're exchanging Kaeser quotes, how's this one:

"Every transformation comes at a cost and every transformation is painful. And that's something that the energy industry and the public sector – governments – don't really want to hear." - Joe Kaeser, recent CEO of Siemens Energy.

@solarpapst Can you post the source for that quote?
@solarpapst I'd like to see this exact quote on the news here in Italy. There are too many nuclearists from both right and left that are angry at the democratic decision of no fission based nuclear power plant in the late 80's. The decision may have been biased by the events of Cernobyl but I think that nuclear is not the way to go. Even if it was safe to use, as much as we Italian hate it, organized crime would benefit from it by offering lower prices for disposal as we see in the Land of Fires
@solarpapst as far as i can tell neithe gas nor petrolium has ever been cost effective without the hand of the state, and they recieve far larger subsidies from the government than nuclear.
@solarpapst Some people have the rather astonishing idea that humans will have all the energy they need with little cost and zero risk. Some humans have, for many decades, been able to get a lot of energy very cheaply. Or so it seemed, because we now see the "cost" in terrible heat and destruction facing us now. If people want to stop or greatly lower CO2, it will not be cheap. Nuclear power is going to be part of that "turn away" to non-emitting power and it is going to be expensive and it is going to have to happen.
@solarpapst plus - bonus - runs on the most poisonous subtances on earth.
@solarpapst l'm sure Bruce Power, for one, would beg to differ with Kaeser.
@solarpapst Sounds like the airline industry, too. 🤔

@solarpapst Not a single fossil fuel power plant on the planet works cost effective* and doesn't need subsidies.

* If you include the environmental and health costs

Nuclear power makes more sense than fossil fuel generation until we can provide power all year round with renewables.