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by fastball
336 days ago
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Where are you getting a LCOE diff of 5x? The latest Lazard's is 2x. Transmission costs will require more than "wiggle room" if you are sending power from some cornfield in middle America to Seattle. Also a big question in my mind is "where can the price go from here". I don't imagine there is a huge amount of room left for optimization of solar, where as with nuclear I think almost everyone agrees that it is about as expensive as it could be. There is infinite room to improve the economies of scale and unit economics of nuclear; not so much for solar. |
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Offshore wind is more like $70, but also has double the capacity factor, so requires less matching storage.
We've been told for about 3 decades that any day soon microreactors/thorium/fusion will lead to cheaper, safer nuclear power and no doubt for the next 3 decades some people will continue to believe.