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by derriz
1473 days ago
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The electricity from small modular reactors is far more expensive than that from large reactors - about twice as expensive by some estimates[1]. They also produce more waste per MWh generated. The industry has been pushing in the opposite direction with larger reactors like the EPR[2] to reduce costs. When measured by LCOE, a MWh from a new conventionally sized nuclear plant is 4 to 7 times as expensive as a MWh from solar PV, then SMR are simply out of the question from a cost point of view. [1] https://publications.csiro.au/publications/publication/PIcsi...
[2] https://en.wikipedia.org/wiki/EPR_(nuclear_reactor) |
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Solar is near-useless in colder areas, where you want to use the power for heating in the winter.
If you include the storage + grid expansion needed to compensate for the intermittent nature of most renewables (especially if you don't want to rely on fossil fuels when the wind is not blowing), the LCOE of many of them will be many times higher than just the production cost.
Meanwhile, Korea claims to be able to construct Nuclear capacity at prices down to $0.03/kwh with their APR1400 reactors:
https://www.kns.org/files/pre_paper/34/15A-435%EC%9D%B4%EA%B...
That's at least an order of magnitude lower than the cost of renewables when constant output is required.