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by pydry
1017 days ago
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The biggest difference is that Denmark built its wind farms a lot more recently than France built its nuclear power plants. The cheapest power plant is the one that is already built. Nonetheless, I would expect France's electricity prices to rise significantly in the coming years as their 1970s plants all age out and decommissioning costs + the cost of brand new plants kicks in. They have also publicly announced that they won't be replacing all of the nuke plants that will age out (presumably because of cost). So, the % of nuclear power on France's grid will decline with solar or wind or carbon producing fuels having to make up the difference. |
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Denmark's renewables are highly subsidized, construction is quick (which means short-term loans), so it should not impact so much on energy prices. Finland has built the first-of-a-kind highly delayed EPR 3 reactor Olkiluoto 3, and the electricity prices felt sharply nonetheless.
I do not see the reason why decommissioning costs should make electricity more expensive in the future, because the owner has to pay and prove that the decommissioning will be done even if the company goes bankrupt (by allocating funds in advance or by providing an insurance).
This is not to say that a solution is better than the other: it is always a matter of finding a good energy mix for a network. France is investing in energy efficiency and renewables as well.