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by BenoitP 1304 days ago
> This particular proposal is based on the idea that if renewables are cheap and getting cheaper (which they are)

Welp, they sure are cheap when made by mostly-coal-based China.

1 comments

China is both mostly coal and also installing PV onto their own grid faster than anyone else.
China is also building nuclear power faster than anyone else.
Good for them.

While nuclear is one of the most expensive electricity sources, with surprisingly limited fuel reserves given the energy density, it's incredibly safe (despite the reputation) and I think there is inherent value in a diverse supply that can make up for the sticker price.

Also, China is able to build it at a reasonable price (~$40/MWh). It's not destined to be expensive, the price is just a consequence of excessive safety precautions.