| > You're really stretching here. That's a single pilot plant in an industry with a massive negative learning rate without necessary safety features which is the all-time outlier. I had to go out of my way to find it, and it is not the same metric as you're judging renewables on. If I were cherry picking I could pick even cheaper plants. Zion 1 and 2 were built for less, as was Oconee 1 and 2. > You appear to be struggling with the difference between start and finish. The largest capacity of plants ever finished in the US was '82. Most of which were delayed after the 3 mile island incident, and correspondingly experienced greater costs. Sure, if you want to get pedantic the peak number of plants under construction at any one time peaked just after three mile island. But that's because so many plants were delayed, and this led to higher costs. > I've pointed out a primary source which contradicts the numbers that graph is based on and posited a causal mechanism for the disparity. Refute the primary source, demonstrate that my understanding of their use of the term 'nominal dollars' is wrong, or find another primary source (or the primary source the paper uses). I'm looking over the OSTI report and calculating the inflation adjusted numbers line by line. They match the costs listed in my source. It doesn't look like there's anything to refute: both of our sources show that nuclear plants built during the nuclear boom were some of the cheapest forms of decarbonized energy there is. I don't have anything refute, because your source agrees with my point. Your own source's data reinforces the claim that nuclear built during the nuclear boom (plants started after 1965 and built before three mile island) were often delivered between 1 and 2 billion dollars (2010 adjusted) per GW of capacity, and some even less than 1 billion. |
And again. This doesn't include safety retrofits, and it doesn't include O&M which is higher than new renewables.
Even after retrofit, it was destroyed due to a design and management failure in 1998.
All of those early plants are more expensive than you are saying, they had state controlled funding. They were inefficient, and they were unsafe when they opened.
Additionally they all had abysmal capacity factors in the 70s and 80s, around the 50-60% range so using lifetime CF is incredibly biased towards making them look good.
The cost of retrofits which was almost entirely unrelated to TMI was about 40c/Watt https://www.sciencedirect.com/science/article/abs/pii/036054... or about 80c per net watt just for the retrofit to meet 1980s standards.
Include all the failed reactors, and stop looking at just the lowest cost ones, include the cost of the free loans, and you're back up around $6/W