I've seen quite a few SMR proposals over the last couple of years and not a single one that dared to address the whole cycle from deployment to eventual decommission as a function of the total revenues - costs to operate. Most of these projects seem to be made to bilk investors or governments rather than to actually produce power. The day Italy produces the first KWh that is net profitable to the operators without counting subsidies I will be highly amazed, and that's assuming they get to operational in the first place.
The referendum that made nuclear energy illegal in Italy was held right after the accident of Chernobyl; people voted with their gut, not with their mind.
As someone who thinks nuclear is both less efficient and much more expensive than renewable energies - would you mind sharing a bit why this makes you happy?
Since all plants in Italy are closed since the 90s won’t it take decades and billions of tax euros to get them back operational again?
It's cheaper if you stop caring about safety, right? In the USA it's now illegal for reactors to have adequate shielding - "as low as reasonably possible" is officially "woke"
>Rather than reviving the large reactors of the past, the government is focusing on small modular reactors, or SMRs, and other advanced technologies that supporters say could be safer, more flexible and quicker to build.
>The legislation does not authorize the construction of any reactors. Instead, it creates the regulatory foundation needed before future projects can be proposed, assessed and approved.
Giant step for SMRs. I'm hopefull for greater NATO collaboration regarding energy security if SMRs prove commercially viable.
I don't understand why people are so bullish about SMRs. 25 years ago we were trying to increase reactor size and testing breeders, no we want smaller reactors, for what reason?
I always thought it was about commoditization: sure a SMR might cost 10x more per watt in theory but if you can reliably roll them off the production line without having to redesign each iteration and without the cost overrunning by 10x, it pays for itself.
Still doesn't make sense. We could have standardized the old reactors too.
Radioactive material and a bit of water.. there's no reason to design those things a hundred times. France actually did that.
France is still shutting down its plants because the rivers are too warm in the summer. As for floating SMBs in the harbour, I don't think climate change will be kind to this idea.
You can’t standardize manufacturing of multi billion dollar facilities. Economies of scale just don’t work that way. Even residential housing has the same problem. There’s too much variation in on-site construction.
There is no economic case for SMR that you couldn't make for a larger one with a massive benefit of economies of scale. SMRs are - in my opinion - a dead end, larger reactors could work well but will be delivered later and likely will still not be profitable on a KWh basis when compared to an equivalent installed base of solar and wind and will most likely be deliver much, much later.
It will reliably cost only 10x, and it theory it will roll of a production line.
The AP1000 reactors at Vogtle were explicitly marked for the modular construction as a key selling feature, which would reduce time and cost. It came out 20B over budget and 7 years late.
It's a great story: in theory you can produce modular components of a full scale nuclear power plant in a controlled environment. In theory.
In practice the production line wasn't as controlled as it needed to be and ended up delivering modules that needed significant rework. That caused modules to be delivered and ready out of order. In other words they bought a lot of project management complexity that was hidden behind the theory of modularity.
SMRs are turning out to be even more expensive than conventional nuclear power plants, which are so expensive compared to renewables that even without a risk premium they are uncompetitive.
Wright’s law is the only way to reduce costs. It’s a generalization of Moore’s law. The more of anything you build the cheaper it gets. Most products get 10% - 20% cheaper every time total production volume doubles. The most obvious example right now is rockets - launch costs are going down exponentially because we (SpaceX mostly) are doing so much of it we are finally getting economies of scale. SMRs will too, but only if they become popular. It’s a little bit of chicken and egg, but the economics are clear. If lots of people start using SMRs they WILL get cheap. And it’s a form factor where it’s plausible lots of people will.
That's another interesting theory, but Wright's law doesn't mitigate many other disadvantages of SMRs: the need for multi site security; the need for on-site technicians at more sites; the need to build grid hook up to more locations, etc. There's a reason reactors grew to a certain size, no smaller and no bigger. Ignoring that lesson has a high price.
It is sad that this has become a topic of the culture wars. Nothing good comes out of this, certainly not a rational weighing of the pros and cons of nuclear power.
I’m particularly interested in how they plan to finance reactors in a grid dominated by solar. I wouldn’t be surprised if they legally allow the building of new reactors but then fail to find investors. But perhaps they plan on using them as some sort of strategic assets and will just run them at a loss?
It is actually an enemy of nuclear, economically. Solar is so cheap, it will naturally grow until it satisfies 100% of the daytime load. This pushes nuclear off the grid during the day - it’s power costs too much. But nukes need to be running and selling at 100% 24/7 to have any chance of breaking even.
This is what the OP means - they make no economic sense on most modern grids.
> Wind and solar overtaking fossil fuels in 2025 can be largely attributed to a staggering rise in solar power. Solar grew by more than a fifth (+20.1%) for the fourth year running. It generated a record 13% of EU power in 2025, above both coal and hydro. This trend was widespread: all EU countries saw growth in solar generation compared to the year before, amid a huge expansion in EU solar installations. Solar provided more than a fifth of electricity in Hungary, Cyprus, Greece, Spain and the Netherlands. Renewables provided nearly half of EU power (48%) as unusual weather conditions caused hydro generation to fall by 12% and wind by 2%, but boosted solar generation. Wind remained the second largest EU electricity source at 17% of EU power, generating more than gas. Signs of a structural shift are clear across the EU, as wind and solar generated more electricity than all fossil sources in 14 of the 27 EU countries in 2025. Over the past five years, wind and solar have experienced massive growth (from 20% in 2020 to 30% in 2025). Fossil fuels have fallen from 37% to 29% in the same period, while hydro and nuclear remained stable or slightly declined.
> certainly not a rational weighing of the pros and cons of nuclear power.
Nuclear has no real cons other than time/cost of deployment, and it should be a no brainer for a place like Europe without significant energy resources. Once the power plant is built, it provides 50+ years of nearly free energy. It's that or buying gas from Russia.
> it should be a no brainer for a place like Europe without significant energy resources.
The uranium needs to be regularly replaced. Europe currently imports virtually all of the uranium used by its nuclear power plants. While Europe has some decommissioned uranium mines, they would have to be reopened, but the known deposits are estimated to cover less than the 50 years you cite, at current levels of nuclear production (much less when expanding production).
So if this is about energy independence rather than cost, I’m not sure that it would be such a great win.
We need to increase energy output by an order of magnitude in order to upgrade civilization to the next level. Does solar offer a pathway to doing that today, once you account for the costs of battery storage?
Nuclear, moreover, keeps us on the tech tree for space exploration. I don’t think solar is going to lead us to fusion or antimatter powered spaceships.
To produce 10x the current power demand with nuclear you’d need breeder reactors or perhaps thorium unless you want to run out of fuel rather quickly. That’s not what is being proposed here.
I also don’t believe that fission, fusion or antimatter are on the same branch of the tech tree.
Total world energy usage is about 1/10,000 what the sun provides. Bumping that up an order of magnitude means 1/1,000 instead. Seems reasonable for solar.
I don’t see research into fission power doing anything useful for spacecraft. The big bottleneck right now is getting stuff to orbit. The rest is easy, relatively speaking. And getting stuff to orbit is not practical with nuclear unless you use something like Orion, which has some downsides to put it mildly, and is already doable with 1950s tech.
Nuclear power plants are uninsurable in the private market. There is no natural investor base for a product that is uninsurable. Unless you are an imagining a culture war where real capitalists are fighting corporate welfare queens, it's not a culture war issue.
Time and demographics are also a component. Italy is old, has worker shortages for living wage work (and is currently issuing ~500k work visas over three years to attract labor to the market), and a new nuclear generator takes at least ten years to build. Each year, an additional 1TW of solar will be deployed globally. Solar panel prices have fallen by around 20% every time global capacity doubled.
> 49% of Italy’s electricity was generated from low-carbon sources in 2025, below the EU average of 71%. As of 1 January 2026, Italy was aiming for 69% of renewable electricity generation by 2030. For the country’s latest renewables targets, see our 2030 Global Renewable Target Tracker.
Record 2026 summer heat impaired nuclear generation in France, Romania, Hungary, and Bulgaria, so I'd be curious how they intend to solve for that as the climate continues to warm (reduced capacity factor from reduced output due to cooling constraints impairs the economics).
I've seen quite a few SMR proposals over the last couple of years and not a single one that dared to address the whole cycle from deployment to eventual decommission as a function of the total revenues - costs to operate. Most of these projects seem to be made to bilk investors or governments rather than to actually produce power. The day Italy produces the first KWh that is net profitable to the operators without counting subsidies I will be highly amazed, and that's assuming they get to operational in the first place.
I'm Italian and I'm super happy with this.
The referendum that made nuclear energy illegal in Italy was held right after the accident of Chernobyl; people voted with their gut, not with their mind.
Curiously enough, some Italian town signs still have a small sub-sign reading "denuclearized municipality" (example: https://live.staticflickr.com/1421/712461235_e46a2c7db5_z.jp... )
As someone who thinks nuclear is both less efficient and much more expensive than renewable energies - would you mind sharing a bit why this makes you happy?
Since all plants in Italy are closed since the 90s won’t it take decades and billions of tax euros to get them back operational again?
About the last question, i don't think the old plants will play any part in this eventual return.
It's cheaper if you stop caring about safety, right? In the USA it's now illegal for reactors to have adequate shielding - "as low as reasonably possible" is officially "woke"
>Rather than reviving the large reactors of the past, the government is focusing on small modular reactors, or SMRs, and other advanced technologies that supporters say could be safer, more flexible and quicker to build.
>The legislation does not authorize the construction of any reactors. Instead, it creates the regulatory foundation needed before future projects can be proposed, assessed and approved.
Giant step for SMRs. I'm hopefull for greater NATO collaboration regarding energy security if SMRs prove commercially viable.
I don't understand why people are so bullish about SMRs. 25 years ago we were trying to increase reactor size and testing breeders, no we want smaller reactors, for what reason?
I always thought it was about commoditization: sure a SMR might cost 10x more per watt in theory but if you can reliably roll them off the production line without having to redesign each iteration and without the cost overrunning by 10x, it pays for itself.
Still doesn't make sense. We could have standardized the old reactors too.
Radioactive material and a bit of water.. there's no reason to design those things a hundred times. France actually did that.
France is still shutting down its plants because the rivers are too warm in the summer. As for floating SMBs in the harbour, I don't think climate change will be kind to this idea.
Floating nuclear plants next to a city sound like a recipe for disaster
You can’t standardize manufacturing of multi billion dollar facilities. Economies of scale just don’t work that way. Even residential housing has the same problem. There’s too much variation in on-site construction.
[delayed]
You absolutely can. Read up on the French nuclear reactor fleet!
https://worksinprogress.co/issue/liberte-egalite-radioactivi...
There are minor variances locally, but you can make enough components common to benefit massively from economies of scale.
There is no economic case for SMR that you couldn't make for a larger one with a massive benefit of economies of scale. SMRs are - in my opinion - a dead end, larger reactors could work well but will be delivered later and likely will still not be profitable on a KWh basis when compared to an equivalent installed base of solar and wind and will most likely be deliver much, much later.
It will reliably cost only 10x, and it theory it will roll of a production line.
The AP1000 reactors at Vogtle were explicitly marked for the modular construction as a key selling feature, which would reduce time and cost. It came out 20B over budget and 7 years late.
[delayed]
It's a great story: in theory you can produce modular components of a full scale nuclear power plant in a controlled environment. In theory.
In practice the production line wasn't as controlled as it needed to be and ended up delivering modules that needed significant rework. That caused modules to be delivered and ready out of order. In other words they bought a lot of project management complexity that was hidden behind the theory of modularity.
SMRs are turning out to be even more expensive than conventional nuclear power plants, which are so expensive compared to renewables that even without a risk premium they are uncompetitive.
A theory with a lot of leaps that is in no way guaranteed. But it’s a nice idea
Wright’s law is the only way to reduce costs. It’s a generalization of Moore’s law. The more of anything you build the cheaper it gets. Most products get 10% - 20% cheaper every time total production volume doubles. The most obvious example right now is rockets - launch costs are going down exponentially because we (SpaceX mostly) are doing so much of it we are finally getting economies of scale. SMRs will too, but only if they become popular. It’s a little bit of chicken and egg, but the economics are clear. If lots of people start using SMRs they WILL get cheap. And it’s a form factor where it’s plausible lots of people will.
That's another interesting theory, but Wright's law doesn't mitigate many other disadvantages of SMRs: the need for multi site security; the need for on-site technicians at more sites; the need to build grid hook up to more locations, etc. There's a reason reactors grew to a certain size, no smaller and no bigger. Ignoring that lesson has a high price.
Prefab & faster construction possibilities would be a big one.
Because Trump is pushing SMR on all "allies", UK, Japan, Italy:
https://www.bbc.com/news/articles/ckgzevzwxwro
I couldn't find immediate investments from Kushner etc., but will dig further.
It is sad that this has become a topic of the culture wars. Nothing good comes out of this, certainly not a rational weighing of the pros and cons of nuclear power.
I’m particularly interested in how they plan to finance reactors in a grid dominated by solar. I wouldn’t be surprised if they legally allow the building of new reactors but then fail to find investors. But perhaps they plan on using them as some sort of strategic assets and will just run them at a loss?
> I’m particularly interested in how they plan to finance reactors in a grid dominated by solar.
Solar is 15% - a lot but not yet dominated. Solar works at day and demand is also highest during the day so solar should not be an enemy of nuclear.
It is actually an enemy of nuclear, economically. Solar is so cheap, it will naturally grow until it satisfies 100% of the daytime load. This pushes nuclear off the grid during the day - it’s power costs too much. But nukes need to be running and selling at 100% 24/7 to have any chance of breaking even.
This is what the OP means - they make no economic sense on most modern grids.
Citation:
France's EDF Warns Solar, Wind Surge Straining Nuclear Fleet Costs - https://news.ycombinator.com/item?id=47037839 - February 2026
https://web.archive.org/web/20260217122120/https://www.edf.f...
Related:
Wind and solar generated more power than fossil fuels in the EU for the first time in 2025 - https://ember-energy.org/latest-updates/wind-and-solar-gener... - January 22nd, 2026
> Wind and solar overtaking fossil fuels in 2025 can be largely attributed to a staggering rise in solar power. Solar grew by more than a fifth (+20.1%) for the fourth year running. It generated a record 13% of EU power in 2025, above both coal and hydro. This trend was widespread: all EU countries saw growth in solar generation compared to the year before, amid a huge expansion in EU solar installations. Solar provided more than a fifth of electricity in Hungary, Cyprus, Greece, Spain and the Netherlands. Renewables provided nearly half of EU power (48%) as unusual weather conditions caused hydro generation to fall by 12% and wind by 2%, but boosted solar generation. Wind remained the second largest EU electricity source at 17% of EU power, generating more than gas. Signs of a structural shift are clear across the EU, as wind and solar generated more electricity than all fossil sources in 14 of the 27 EU countries in 2025. Over the past five years, wind and solar have experienced massive growth (from 20% in 2020 to 30% in 2025). Fossil fuels have fallen from 37% to 29% in the same period, while hydro and nuclear remained stable or slightly declined.
https://ourworldindata.org/grapher/installed-solar-pv-capaci... (installed solar energy capacity goes brrr)
> certainly not a rational weighing of the pros and cons of nuclear power.
Nuclear has no real cons other than time/cost of deployment, and it should be a no brainer for a place like Europe without significant energy resources. Once the power plant is built, it provides 50+ years of nearly free energy. It's that or buying gas from Russia.
> it should be a no brainer for a place like Europe without significant energy resources.
The uranium needs to be regularly replaced. Europe currently imports virtually all of the uranium used by its nuclear power plants. While Europe has some decommissioned uranium mines, they would have to be reopened, but the known deposits are estimated to cover less than the 50 years you cite, at current levels of nuclear production (much less when expanding production).
So if this is about energy independence rather than cost, I’m not sure that it would be such a great win.
Idk we can import uranium from lots of places; i think currently mostly from Canada.
But I just don’t get why it’s being discussed at all - its obviously so much more expensive and time consuming to build than the alternatives
Yes no real cons if we exclude the small con of being completely economically unviable.
Cost and time seem like a pretty important con to me.
How about nuclear fuel still being dependent on either russia or us? and that is just one reason.
We need to increase energy output by an order of magnitude in order to upgrade civilization to the next level. Does solar offer a pathway to doing that today, once you account for the costs of battery storage?
Nuclear, moreover, keeps us on the tech tree for space exploration. I don’t think solar is going to lead us to fusion or antimatter powered spaceships.
To produce 10x the current power demand with nuclear you’d need breeder reactors or perhaps thorium unless you want to run out of fuel rather quickly. That’s not what is being proposed here.
I also don’t believe that fission, fusion or antimatter are on the same branch of the tech tree.
> upgrade civilization to the next level
Why?
Total world energy usage is about 1/10,000 what the sun provides. Bumping that up an order of magnitude means 1/1,000 instead. Seems reasonable for solar.
I don’t see research into fission power doing anything useful for spacecraft. The big bottleneck right now is getting stuff to orbit. The rest is easy, relatively speaking. And getting stuff to orbit is not practical with nuclear unless you use something like Orion, which has some downsides to put it mildly, and is already doable with 1950s tech.
Is musk's stream of consciousness leaking?
Nuclear power plants are uninsurable in the private market. There is no natural investor base for a product that is uninsurable. Unless you are an imagining a culture war where real capitalists are fighting corporate welfare queens, it's not a culture war issue.
Time and demographics are also a component. Italy is old, has worker shortages for living wage work (and is currently issuing ~500k work visas over three years to attract labor to the market), and a new nuclear generator takes at least ten years to build. Each year, an additional 1TW of solar will be deployed globally. Solar panel prices have fallen by around 20% every time global capacity doubled.
https://ember-energy.org/countries-and-regions/italy/
> 49% of Italy’s electricity was generated from low-carbon sources in 2025, below the EU average of 71%. As of 1 January 2026, Italy was aiming for 69% of renewable electricity generation by 2030. For the country’s latest renewables targets, see our 2030 Global Renewable Target Tracker.
https://app.electricitymaps.com/map/zone/IT/fifteen_minutes
Record 2026 summer heat impaired nuclear generation in France, Romania, Hungary, and Bulgaria, so I'd be curious how they intend to solve for that as the climate continues to warm (reduced capacity factor from reduced output due to cooling constraints impairs the economics).
France to Upgrade Heat Wave Modeling After Record Nuclear Curbs - https://news.ycombinator.com/item?id=49790006 - September 2026
Europe's Heatwaves Are Putting Nuclear Power Under Pressure - https://news.ycombinator.com/item?id=49466909 - August 2026
Bulgaria's Nuclear Plant Plans First Output Cut Due to Low Danube - https://news.ycombinator.com/item?id=49376860 - August 2026
Record heat is drying up Europe's major rivers, as these striking images show - https://news.ycombinator.com/item?id=49283344 - August 2026
Bloomberg: Hungary Casts Doubt on Nuclear Plant Expansion After Danube Low Levels - https://www.bloomberg.com/news/articles/2026-08-13/hungary-c... - August 13th, 2026
Italy to issue half million non-EU work visas over next three years - https://www.reuters.com/world/italy-issue-half-million-non-e... - June 30th, 2025
> after voters *twice* rejected it in national referendums
Democracy is just lovely.
Have your citizens answer to a straightforward question on a topic twice, have them reject it, both times.
And the government will still go its way.
I'm not against nuclear per se, I'm just baffled at the "democratic" process.
Nature is healing.