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by pfdietz
1470 days ago
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(Edited to actually look at the link) Looking at that first link, it appears to cost/kWh is the cost for just the seasonal power that is being produced from hydrogen. It is not the average cost/kWh over all the energy being consumed off the grid. Comparing this to nuclear is to compare apples and oranges. Nuclear supplies baseload, not additional seasonal power. If you tried to use nuclear to supply seasonal power the cost would be extreme. If you use nuclear to supply baseload, it is competing not just with hydrogen but also with much lower cost energy sent directly from renewables to the grid, and from batteries to the grid. Of course the fraction of the output from the hydrogen fueled turbines will be expensive. But what we get from that toy model is the average cost of power, of which seasonally stored power is just a small part. In that toy model, nuclear is "Dispatchable 2", which you can enable, and which comes out to about 10 euro/kWh (EPR assumptions, perhaps optimistic considering Flamanville 3.) |
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Day/night cycles can make that even slightly worse, but even small amounts of storage can even that out.
This Korean study claims that a at 3% dicount rate, the price the LCOE of their APR1400 reactors go from 36Won/kWh (a bit under 3cents) at 90% average utilization to 52Won/kWh (a bit over 4 cents) at 60% average utilization.
In both cases, the costs are very reasonable.