"It is not too much to expect that our children will enjoy in their homes electrical energy too cheap to meter,..." Lewis Strauss
https://en.wikipedia.org/wiki/Too_cheap_to_meter#Origins
Oddly enough my power bill was metered and big.
Of course, perilous territory for future irony depending on how your prediction plays out.
Later, you were billed for time connected to the "internet" (compuserve or aol or whatever)
Around when the iphone came out, software went from tens or hundreds of dollars to pennies, then free.
On the other hand legal advice has always been expensive, because a good answer is worth it.
Medical advice is worth it. Investing advice is worth it.
(That said, I wonder if with home solar and batteries if electricity will ever "generally" go down in price to normal people)
Texting was charged per character.
And if you have the capabilities to install your own solar it can pay itself back in 6 years. Not sure what that looks like with 100% battery coverage.
Are we still going to make the same error over and over again? The day China says "stop" the price per watts will explode, just like when Russia and Iran said "stop".
It's not appropriate to think of the solar panel as a constant source of power, but the solar panel manufacturing plant. All of our nuclear reactors and fuel are produced in-country, whereas china has dominated solar panel manufacturing and can cut us off. We need to be proactive about manufacturing.
China might be subsidizing solar panels today. We should load up while we can. Let them bear the initial costs. We should also spin up more domestic manufacturing (which was a component of the IRA). If/when foreign sourced solar panels are no longer available, you are in the exact same position you were the day before. All of that already installed generation capacity will continue to function for years before a crisis emerges.
A spent solar panel contains the exact materials needed to make a new solar panel. Chemical changes are cheaply reversible, so you can turn an old solar panel into a new one for less energy than it will produce during it's lifetime. A solar panel factory can operate indefinitely. (Or at least for as long as their is solar energy available.)
Nuclear fuel must be mined. Nuclear changes are reversible, but that requires the same amount of energy you would get back out. The Earth has a finite amount of nuclear fuel. (To be fair, there's a lot. The Earth contains enough fuel to last roughly the lifespan of the Sun.)
This supports your point even more!
Anyways, panels are the solution now because we're at peak petrol, that's why they're so cheap, it won't last forever, evem if China keeps the door open
Given current found reserves and the current rate of use, the world has about 40 to 50 years of natural gas. Thorium used in molten salt thorium reactors would provide electricity for 60 billion years or so if we could actually extract all of it. That's 10 billion years or more if it provided all human energy consumption. Of course there's a limit to extraction, but it is over three times as common as uranium.
Also, besides thorium one can mix in partial amounts of other fuels, including uranium and plutonium. There is no runaway meltdown risk, as the fission is actively managed rather than actively suppressed. Fuel is spent more completely. The waste products are smaller, less radioactive, and have far shorter half-lives.
Then of course we're always getting slightly closer to productive fusion reactors.
These technologies along with solar PV, solar thermal, hydro, wind, geothermal, wave power, and batteries likely all have a place in the future.
There's a decent chance that at some point in the future residential customers will pay for the connection and only commercial or industrial customers will actually be metered. That's not because companies want to give up additional revenue. It's because at some point the cost of meters, tracking usage, and competitive advertising about who has the cheapest plans costs more than the power the typical customer uses above the base charge.
Can’t really think of any other way to rationalize that combination.
The reactor creates new fissile material while it runs, then fissions that. The new fissile material is recycled into the reactor. Even actinides can largely be recycled into the fuel stream. The fuel and coolant being a liquid mixture allows a lot of chemical processing and returning parts of the initial waste back into the reactor more fully.
The waste that's actually handled for storage tends to have a lower proportion of fission byproducts that carry their own radioactivity, but some traces of highly active sources. I've read cesium, strontium, iodine, xenon, krypton, barium, and various noble metals are the bulk of the waste. Some of that cesium will be cesium-137. Some of the strontium will be strontium-90.
Solid rods from a light water reactor are not even nearly completely spent before they become too degraded for producing electricity. They contain cesium-137 and strontium-90 too but along with uranium-235, plutonium-239, americium-241, neptunium237, and curium at the time they're ready for storage. Small parts of this can be reprocessed rather than stored, but often for nuclear weapons. Having solid rods also makes it more difficult to separate elements.
MSTR waste is dangerous, but for about three hundred years. The radiation involved tends to be largely gamma, but from a very small portion of the waste rather than the bulk of the mass. Light water reactor waste can be dangerous for tens of thousands of years, producing alpha, beta, and gamma from most of the mass of the waste. The alpha and beta radiation will last tens of millennia.
[0] https://en.wikipedia.org/wiki/Zwentendorf_Nuclear_Power_Plan...
We had batteries full and were spending electricity on all kinds of luxury things like whole-day internet and desalination for several weeks, and now that it has rained for over a week we're starting to turn non-critical systems off to keep the lights on.
"Between digital economics and the wholesale embrace of King's Gillette's experiment in price shifting, we are entering an era when free will be seen as the norm, not an anomaly. How big a deal is that? Well, consider this analogy: In 1954, at the dawn of nuclear power, Lewis Strauss, head of the Atomic Energy Commission, promised that we were entering an age when electricity would be "too cheap to meter." Needless to say, that didn't happen, mostly because the risks of nuclear energy hugely increased its costs. But what if he'd been right? What if electricity had in fact become virtually free? The answer is that everything electricity touched—which is to say just about everything—would have been transformed. Rather than balance electricity against other energy sources, we'd use electricity for as many things as we could—we'd waste it, in fact, because it would be too cheap to worry about."
... What Mead understood is that a psychological switch should flip as things head toward zero. Even though they may never become entirely free, as the price drops there is great advantage to be had in treating them as if they were free. Not too cheap to meter, as Atomic Energy Commission chief Lewis Strauss said in a different context, but too cheap to matter. Indeed, the history of technological innovation has been marked by people spotting such price and performance trends and getting ahead of them."
My issue is that datacenter energy costs are being prioritized for commerce over residential use, so the average consumer is paying more for electricity, because a datacenter needs more electricity and they're getting tax breaks. Assuming this all improves efficiency for new products like automated robotics, there is a debatable benefit. Jevon's Paradox has no ceiling, except the environment, and people's 401ks.