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by epistasis
1784 days ago
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I thought this in the mid-2000s, but the landscape has changed drastically since then in two ways: 1) solar wind and storage are decreasing in cost exponentially, and have crossed the inflection point where solar+storage is a firm energy source cheaper than building new fossil fuel infrastructure, and definitely cheaper than nuclear. 2) Attempts at building nuclear in the West over the past decade have revealed that our economic strengths no longer mean that nuclear construction is efficient or even reliably able to be completed. Since the 1970s, economic productivity overall has soared, but our construction productivity has barely improved. So, large construction projects that might have made sense in the 1970s are no longer economically efficient. Nuclear has proven to be very unreliable to build due to massive complexity compounded by the need for extreme accuracy in construction, since we don't want to need to go in to fix core components after they've been turned on. This is precisely what advanced economies are not good at. |
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Wind is a very different beast in term of charge cycles and capacity requirements. We are nowhere near having it economical to install batteries with multiple weeks long capacity that get a charge cycle of a few times a year. For that you need stored energy technology like reverse hydro or hydrogen production, and they are are quire bit away from being economical sustainable. Reverse hydro has many issues and has resulted in a declining optimism in the last decade, and using wind to produce hydrogen cost about 6 times as much as any other hydrogen production method. And we don't currently burn hydrogen for power as it is already prohibitively expensive. Still it seems as our best bet for storage, which should give a hint how the economics are between nuclear and storage.