Al68 said:
Why would we need to fund either? If a private company wants to build a power plant for profit, they can get private investors to fund it. That's the beauty of capitalism.
While that sounds nice in theory, the reality is that the government has a heavy-hand in all things energy and the driver isn't energy/economic needs but politics. So they hold energy projects back with one hand and push them forward with the other. If the government got out of the energy business to the greatest extent possible, limiting itself only to necessary and reasonable oversight, I think energy would get cheaper and nuclear and other clean energy forms would expand without the need for a push-pull, help/hurt relationship with the government. Caveat: research funding can remain, but research is not deployment/implementation.
Nuclear in particular has one of the bigger help/hurt relationships with government, but one of the keys to making nuclear cheaper is exactly the same for nuclear and other forms of energy: site selection and permitting. We don't even have to talk about nuclear power to realize how big of a problem this is:
Cape Wind (all of this from the wiki) first applied for a permit in 2001, which means they had already done a bunch of the engineering, site selection/environmental study, economic feasibility study, etc for the project by that time. The government did some of its own study, releasing studies in 2008 and 2009. They received their permits in January of this year.
On the state level, they received permits in 2005 and had to fight for them until 2010.
Ten years of fighting to receive a permit for the otherwise most economically viable of the alternate energy sources.
Ridiculous! And it's worse for nuclear power. How can you possibly expect to get funding to even develop a project if you have to tell your investors they have to wait more than 10 years before they even find out if the project will go, much less construct it, much less even begin to recoup the initial investment? The risk here is tying our own hands so we can't move forward with anything.
Now just streamlining regulation won't be enough for nuclear power because they have another problem: insurance. My understanding is that insurance companies won't insure them because of the small risk of an enormous failure (or probably more properly, the inability to calculate that risk due to lack of data). So the government insures them. This is something only the government can do and since the government is going to do it one way or another (any company would go bankrupt over a Chernobyl scale disaster, so they can't possibly pay), so just drop the idea that they need to deal with it. Or to avoid completely absolving them, cap their liability to the value of the company.
Some things I think need to happen:
1. Empower the DOE to actually make binding decisions, with potential legal challenges pre-addressed. That way, when the DOE decides a project should go, people can't sue to put it in limbo.
2. Related to #1, objections to a project should have a statute of limitations (say, 6 months) and the DOE rules on those objections.
3. Require the DOE to make a decision on applications in one year.
4. Give the DOE "trump card" status over local code officials.
5. Fund the DOE so it can actually do its job.
6. The federal government needs to stop breaking the law and finish the Yucca respostory. Breaking the "we'll deal with your waste" promise has big negative implications for nuclear power.
7. Drop the requirement that Nuclear plants be insured against widespread damage due to a catastrophic failure (or cap the damages).
[edit] RE: Insurance. I should have looked it up, but the current legislation appears to me to be pretty well crafted:
http://en.wikipedia.org/wiki/Price–Anderson_Nuclear_Industries_Indemnity_Act