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by DennisP
2398 days ago
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The cheapest option is probably to build nuclear to the level that meets minimum demand at night, and solar for everything on top of that, with just enough storage to even out the remaining discrepancies. Storage is quite a bit more expensive than nuclear, and while the cost is dropping it has a long way to go. At the same time, new nuclear technologies like molten salt reactors could well drop the price of nuclear. For that to be a factor, we'd likely have to get more aggressive with licensing new nuclear technologies; i.e. we'd have to treat climate change with the urgency it deserves. Here's a Lazard report on levelized cost of storage: https://www.lazard.com/perspective/lcoe2019 |
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I can get behind the idea of pushing for nuclear in the case of baseload and even in the case of high population density areas where wind/solar are simply not practical. But, if there is anywhere to dump a bunch of money, it is wind and solar. We can have those producing electricity within a year, easily. Even if you want to talk about manufacturing costs, those are payed back within 1->5 years. Still shorter than the timeframe to getting a new nuclear plant online.
I'm not saying this to be anti-nuclear. I think it was a great solution. I just think that solar and wind have become the better solutions (at least for the shorter term).