|
|
|
|
|
by ViewTrick1002
616 days ago
|
|
A study recently found that a nuclear powered grid to be vastly more expensive than a renewable grid when looking at total system cost. Nuclear power needs to come down by 85% in cost to be equal to the renewable system. Every dollar invested in nuclear today prolongs our reliance on fossil fuels. We get enormously more value of the money simply by building renewables. The study finds that investments in flexibility in the electricity supply are needed in both systems due to the constant production pattern of nuclear and the variability of renewable energy sources. However, the scenario with high nuclear implementation is 1.2 billion EUR more expensive annually compared to a scenario only based on renewables, with all systems completely balancing supply and demand across all energy sectors in every hour. For nuclear power to be cost competitive with renewables an investment cost of 1.55 MEUR/MW must be achieved, which is substantially below any cost projection for nuclear power.
https://www.sciencedirect.com/science/article/pii/S030626192... |
|
Yes, nuclear is more expensive. SMRs should help with that, but their expense has never been contested.
But marginal economics aren't everything. Renewable and battery production isn't ramping up fast enough to make that margin available at scale. This doesn't seem capital contrained, either--every major economy is throwing gobs of cash at the problem.
> Every dollar invested in nuclear today prolongs our reliance on fossil fuels. We get enormously more value of the money simply by building renewables
False economy. A dollar not invested into nukes doesn't go into renewables--partly because of the aforementioned scaling problem, it tends to wind up in gas.
We’re spending trillions of dollars of new money on gas infrastructure with decades of life and financial liabilities attached to them because we need the power, have maxed out renewables and are left with a choice: gas or nukes. Opposing nukes isn’t playing for renewables, it’s playing for gas.