| > They aren’t current or inflation adjust to the same year Page 41 states All costs are reported here in 2018 USD terms.
> several costs associated with nuclear such as insuranceInsurance is required for any industrial facility. The IEA report does not mention insurance. https://world-nuclear.org/information-library/safety-and-sec... puts insurance costs at around 1M USD/year (and separate conditional payments if an accident does happen), which divided by 9M MWh/reactor does not work out to much. > setting money aside for decommissioning For nuclear between 0.01 and 0.39 USD/MWh, and solar between 0.03 and 0.58 USD/MWh (depending on discounting). > O&M is often quoted as 4x fuel costs The data in the IEA report differs; it is somewhere between the fuel costs and twice the fuel costs. > Not every kWh from a solar farm needs to be stored Rooftop solar will cannibalise the utility solar's daytime market. The demand for utility solar's energy will for the most part occur when the sun does not shine. > a state with peak demand of 6GW is going to have transmission lines setup for 6GW. But this ignores the physicality of the grid; power stations are dispatched based on location as well as availability because transmission is expensive to build and limited in capacity. > you have nuclear with 4x 1.5GW reactors averaging ~40% utilization So your demand model is 2GW for 22 hours and 6GW for 2 hours, right? Are there many places which exhibit such wild swings? Dynamic pricing/load shifting, pumped hydro and OCGTs would be the traditional solutions. |
So even further out of date.
> O&M is often quoted as 4x fuel costs The data in the IEA report differs; it is somewhere between the fuel costs and twice the fuel costs.
Operations & Maintenance must include fuel costs… They are doing the thing where they break actual costs into several buckets to make actual operational costs seem lower. Refurbishment isn’t maintenance yadda yadda.
Same deal is going on with insurance. That 1.1 M / year covers some nuclear accidents, but the self insurance risk is quite significant even if you exclude the risk subsidy assumed by governments. IE: In the event of a large scale disaster insurance doesn’t make the reactor owner whole meaning their out the value of 1 or more nuclear reactors.
So yea 1.1M / year only works out to 0.01c/kWh but that’s an underestimate.
> Rooftop solar will cannibalise the utility solar's daytime market. The demand for utility solar's energy will for the most part occur when the sun does not shine.
Even assuming vastly more rooftop solar… PV panels produce power on a long tail curve not just at peak hours. Rooftop solar however only supplies the grid with power after the houses needs are met which is a significantly narrower area.