Nuclear fission is currently on decline. We aren't even building enough power plants to maintain its output, nor are we likely to do so in the next 20 to 30 years. Industrial nuclear fusion is decades away, probably a century.
From the 18th century onwards, we went from tapping ever better energy sources (denser, lighter): animal power, coal, oil. There aren't any better energy source than oil available now, or in the foreseeable future. At some point, we'll have to do with /less/.
That's a choice, one that we could change.
There are no technical or economic obstacles to building nuclear plants for far less money and in far less time that are just as safe (or safer) than what we have now. (France is an existence proof for much of the potential savings.)
There are, however, legal and political obstacles.
Define "we". Take a look at China's nuclear power program sometime; they've brought the cost of their CPR1000 plants down to where they're cheaper to build than coal plants of the same size, and they're well on their way to do the same for the more modern AP1000 reactor design. They've got a bunch of new nuclear plants under construction, with more on the way as they pick up momentum. We're talking about 10-15 large reactors coming on line every year, with the production rate increasing as they ramp up.
Also, they've got their first commercial-scale pebble-bed reactors being built right now. If I remember correctly, they're also looking at incorporating thorium into the fuel mix.
Also, they're working on 40% and 70% more powerful versions of the AP1000 that will not add much to the cost. Nuclear power in China is going to be seriously cheap.
Also, they're working on fast breeder reactors, which use uranium much more efficiently. They're building two BN-800 reactors, working together with Russia, since Russia has been profitably operating fast breeder reactors in the BN series for decades.
If you're only looking at the US and Europe, then sure, the Nuclear Renaissance is looking a little feeble. But the US and Europe are not the whole world.
This part of the long business cycle always produces a lot of arguments for austerity. So far they have always turned out to be spectacularly wrong.
"Nuclear fission is currently on decline."
Nuclear power, both fission and fusion, is currently in a renaissance and we appear to be laying the groundwork for the next stage of advances: gas- and metal-cooled reactors, superconductors, mechanical compression systems, reliable mode-locked lasers, dielectric wall and wake field particle accelerators, electronics that can do real-time gigahertz feedback, etc.
When the next long expansion gets into full swing, I predict that the nuclear logjam will break loose.
"There aren't any better energy source than oil available now, or in the foreseeable future."
There's a lot of solar power in space. A lot. And literal mountains of metal, richer than the best terrestrial ores and pre-smelted too. At some point technology will tip the profit margin positive on exploiting it.
So far, there weren't 7 billions humans neither.
> Nuclear power, both fission and fusion, is currently in a renaissance
Absolutely not. This is GE and AREVA PR, but doesn't reflect the truth. We aren't building enough nuclear plants now to compensate for the future closing of the old ones. The numbers aren't even ramping up fast enough. As time goes by, there will be less and less active nuclear plants.
Fusion research is blooming, but it didn't make much progress, particularly compared to the huge effort (see ITER).
> There's a lot of solar power in space. A lot. And literal mountains of metal, richer than the best terrestrial ores and pre-smelted too. At some point technology will tip the profit margin positive on exploiting it.
This is science-fiction. I'm pretty close to say this is complete BS. "Space ore" simply can't happen unless you find the way to harvest the power from some magic ponies yet to discover.
Also if we look back at the past 1000 (or even just 100) years of human history, we've been pretty good at discovering and harvesting 'magic ponies' of all shapes and sizes.
Maybe if thorium comes on the radar.
> we've been pretty good at discovering and harvesting 'magic ponies' of all shapes and sizes.
Well, not that much. By the end of the roman republic, most of what made the industrial revolution possible was available, but it didn't happen until 18 centuries later.
* Throw it away. Deep-sea subduction zones work nicely for this. Tremendously wasteful, though; that "waste" is valuable fuel.
* Recycle the waste to decrease its volume. This isn't a full solution, but it makes the waste cheaper to store for a while.
* Store the waste for a while, and later we can use it in breeder reactors or fusion/fission hybrids. There's so much useful U-238 in that slightly-used fuel. After this, the waste is pretty much dead.
If it's so easy to get rid of nuclear waste, why didn't we do it yet?
Which is an intentional choice, arising from a combination of ennui, defeatism, and witch hunting. Those political movements seem to have run their course.
"Fusion research is blooming, but it didn't make much progress, particularly compared to the huge effort (see ITER)."
Most of the tokamak megaprojects were done to give academics a safe way to demonstrate activity. ITER is the plasma physics version of string theory. In my opinion, the real progress has come from small quiet projects involving vacuum physics and power electronics.
"'Space ore' simply can't happen unless you find the way to harvest the power from some magic ponies yet to discover."
It's metal, not ore. If you can lay your hands on asteroidal metal, you can turn it into useful articles with a blacksmith's forge. Fancy alloys and precious metals are more effort, but often easier than dealing with crappy terrestrial ores.
The magic pony is to cancel the failed Shuttle, yet another stagnant megaproject. And avoid replacing it with other doomed megaprojects. The barrier to space activity is heavy lift capability to get there at all. Once you can get above the atmosphere cheaply enough, the solar system is your oyster. (It's like Fed Ex. The capital investment to build Fed Ex is ludicrous, but once somebody has the balls to do it, entire industries rise up from nowhere to exploit it.)
Pipe dreaming. The barrier to space is the _tremendous_ amount of energy required to get anything to low-earth orbit, let alone getting raw material going back from Jupiter's vicinity. Even with 1000 times better technology (which won't arrive soon), your asteroid iron still will be costlier than platinum.
Science-fiction is mostly fiction, you know.
The reason rockets are so inefficient is that we don't know how to keep cracks from spreading through our structural materials, so we have to derate their strength by huge factors to get reliability. Nano- and micro-composite materials look like they will be able to vastly improve this situation (and indeed already are in the latest jetliners), and the rocket equation gives big big cost savings for weight savings. High strength materials are also good for rotovators and other semi-passive lifters.
Another big opportunity is to shift some of the propulsion to the ground. It should be straightforward to shine launch lasers up the tail of a standard rocket and reduce its propellant requirement by many percent, which the rocket equation then multiplies into a large cost savings. Exclusively laser launched vehicles are also possible but speculative at this point (they need visible light lasers to get range but those are still too inefficient). Most of the necessary technology exists or can easily be built. All we lack is the optimism to make the investment.
As for getting metal back, the asteroid belt is energetically close despite the distance. A small nuclear reactor and patience will do the job.