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by locallost
1392 days ago
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The article starts by praising the French nuclear program in the 70s. Yet, that same nuclear program is currently going through a complete debacle, failing to provide for its own country's needs, and is partially the reason prices are going into the stratosphere on the whole continent. If you can't factor in the reality of what is actually happening as we speak as a potential risk for your analysis, well... The French futures market is almost at 2000 Euros per MWh for the next two quarters [1]. You'd think the market is not anticipating those nuclear plants are coming back online any time soon. Can we not talk about this as a success story please? [1] https://www.eex.com/en/market-data/power/futures#%7B%22snipp... |
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France's nuclear program in the 70s was much more effective than current nuclear projects because of that economy of scale. They build ~50 reactors of only a few types. The US is similar: many of its plants built in the late 1960 and 1970s delivered power at $2-3 billon USD per GW (adjusted for inflation), and some of them under $2 billion per GW. And these aren't equal to other forms of generation: nuclear power's capacity factor is among the highest: https://en.wikipedia.org/wiki/Capacity_factor
1. https://en.wikipedia.org/wiki/Steam_generator_(nuclear_power...