| Nuclear builds in the west right now have been boondoggles; the nuclear industry must regain its ability to build effectively to play a role here. This has been done before through standardization of design and serialization of production. This could conceivably be scaled back up if we were serious about decarbonization, with high likelihood of success given previous successes (e.g. France decarbonized 80% of its electricity grid in 15 years by building 58 standardized nuclear plants). Current prices for variable renewables and batteries are mostly on the current margin. Everyone agrees that costs of variable sources skyrocket as penetration increases due to curtailment and overbuilding. When you get 100% of your electricity on a sunny day (including from storage through the night) from solar, the next solar plant you build will have to be curtailed. Seasonal and crazy-weather variations are much harder and more expensive to fill with variable sources than the daily fluctuations. These lowlow prices we see headlines about today are about building renewables in a world alongside hilariously cheap fracked natural gas plants that can pick up the slack. There's good info along these lines in here: https://www.nrel.gov/docs/fy16osti/66970.pdf Nuclear is unique in that it's the only low-carbon energy source that can run 24/7 for years at a time (followed by a month outage, then 2 more years, etc.). Hydro can kind of do this in certain geographies, but is very hard to scale to the point we need. Nuclear also uses far less land and raw materials than the variable renewables, especially when chemical battery storage is included. But yeah unless nuclear folks can get costs back down soon, no one is going to be interested. If in the end variable stuff is indeed hard at massive scale (I strongly believe this will be the case), then if we don't have nuclear, fracked and high-carbon natural gas and oil (for transportation) will be around at 50% of our total energy for a long time. |
I'd guess it's for the same reason, after that you're dealing with seasonal variations that would leave nuclear or renewables unused for most of the year.