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by cedilla
241 days ago
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Electricity prices are only very tangentially related to production cost. As you say yourself, grid costs are a factor. > France has lower electricity prices France has incredibly high subsidies for nuclear power, and it's still not enough. And their newest power plant cost 20 billion just in construction for a paltry 1.6GW, and to even begin new ones they need to subsidy them with 100€ per MWh (which is about thirty-three times the subsidies wind power recieves in Germany). If anything, France is a nice example of how it's maybe nice to /have/ a fleet of nukes, but Germany does not have them nor do they have the time to build up reactors. Even if there were politicians interested in paying for them (because the free market sure isn't). |
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You could consider nationalization a subsidy(albeit it wasn't) but that was a one off 9bn payment. Germany spent double of that last year alone on EEG ren subsidies and still had highest household prices in EU.
German wind gets about 70€/MWh.
New french nuclear CFDs aren't clear. Fla3 doesn't have cfd and has a prod cost of 90-120€/MWh. But that's a failed project which got delayd and had supply chain issues. If EPR2 will have the same problems - yes, it'll cost similarly. Otherwise it'll be cheaper, like eg building a unit in 10y instead of 20