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by CogentHedgehog
2039 days ago
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Even if they can reduce costs a bit, the economics are still not in favor of nuclear energy, and renewable energy has become incredibly cheap. Between 2010 to 2019 wind energy become 70% cheaper and solar became 89% cheaper[1] -- and they're still getting cheaper. We are now in a situation where we can build 3x as much renewables for the same price as nuclear[2] - nuclear has a serious cost problem. I'm very skeptical of any claimed nuclear energy cost reductions because time and again the industry has promised lower costs and failed to deliver; for example the new AP1000 and EPR reactors in the US and Europe have all vastly overrun their budgets and run years behind schedule. 1. https://www.lazard.com/media/451082/lcoe-8.png
2. https://www.lazard.com/media/451081/lcoe-2.png |
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Renewables are exciting. Jumping too fast into it like Germany did (and is now polluting as much as 8X France with 450g CO2 / kWh) is much less exciting.
I wish there was a bit more expert involvement in the way we choose our energy policies (and much less tribalism and populism).
source: https://www.electricitymap.org/zone/DE