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From: Bill Sloman <bill.sloman@ieee.org>
Newsgroups: sci.electronics.design
Subject: Re: power shortages
Date: Sat, 9 Mar 2024 14:36:32 +1100
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On 9/03/2024 6:53 am, john larkin wrote:
> On Fri, 8 Mar 2024 19:55:17 +0100, "Carlos E.R."
> <robin_listas@es.invalid> wrote:
> 
>> On 2024-03-08 16:06, John Larkin wrote:
>>> On Fri, 8 Mar 2024 12:26:01 +0100, Jeroen Belleman
>>> <jeroen@nospam.please> wrote:
>>>
>>>> On 3/8/24 11:40, Cursitor Doom wrote:
>>>>> On Fri, 8 Mar 2024 10:22:29 +0100, Jeroen Belleman
>>>>> <jeroen@nospam.please> wrote:
>>>>>
>>>>>> On 3/8/24 07:40, Jan Panteltje wrote:
>>>>>>> On a sunny day (Thu, 07 Mar 2024 07:13:56 -0800) it happened John Larkin
>>>>>>> <jl@997PotHill.com> wrote in <h8mjui5kf50de3tkplpf1e12k12r8dgl58@4ax.com>:
>>>>>>>
>>>>>>>>
>>>>>>>> https://www.msn.com/en-us/money/companies/amid-explosive-demand-america-is-running-out-of-power/ar-BB1jtM69
>>>>>>>>
>>>>>>>> Increasing demand and declining reliable supply could put people in
>>>>>>>> the dark.
>>>>>>>
>>>>>>> Yesterday I was reading Netherlands gov has decided to build 4 new nuclear power plants.
>>>>>>> They still have to find locations for 3, what if next doors?? ??
>>>>>>
>>>>>> These are planned to be the --now old-fashioned-- Westinghouse
>>>>>> design? Big installations that need ten years to build?
>>>>>>
>>>>>> I wonder if it wouldn't be better to start an industry of
>>>>>> small modular reactors. Tens of megawatts rather than hundreds,
>>>>>> Something that could fit on a barge, or a train, transported
>>>>>> where it's needed, and up and running in months rather than
>>>>>> years.
>>>>>
>>>>> Already in development!
>>>>>
>>>>> https://www.rolls-royce.com/innovation/small-modular-reactors.aspx#/
>>>>
>>>> Hmm, This comes across as an attempt to seduce investors and
>>>> greenies. Not much substance there.
>>>>
>>>> Jeroen Belleman
>>>
>>> It's inherent that nearly all useful industries were and are funded by
>>> private investment. And I wouldn't expect RR to post their detailed
>>> reactor drawings online.
>>>
>>> You can elect to not invest.
>>>
>>
>> All?
>>
>> Not so, many were funded by governments one way or another.
> 
> Governments usually waste public money, and pour more in when things
> go wrong.

It happens, but it isn't usual.

> Funding research is good. Funding industries is usually boondoogles;
> let the market invest and pick the winners.

Until there's a product to sell, the market doesn't have anything to buy.

> The best thing government can do for industry is to do less. Less
> regulation, less taxation, less support for unions. Business is mobile
> via various mechanisms, easy to chase away.

John Larkin is a gullible sucker for propaganda spread by very rich 
Americans.

https://www.bloomsbury.com/au/big-myth-9781635573572/

The book is written by the same authors who wrote "Merchants of Doubt". 
Business likes to have a monopoly on investing in new and profitable 
ideas. People who are investing primarily to make their voters happier 
can cut the profit margins of people who are investing purely to make money.

-- 
Bill Sloman, Sydney