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by leonidasrup
53 days ago
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You don't need to run coal power plant close to 100% to be profitable. You want to run nuclear power plant close to 100% because fuel is cheap and you want pay back CAPEX as early as possible. The article you send is perfect example why it's not economic to build new coal or nuclear power plants in US. The reasons are: very cheap natural gas and no CO2 tax. In US natural gas + solar is the cheapest way to generate electricity. In Europe the situation is very different. "Europe is in the opposite spot. The continent's main gas point, the TTF benchmark, nearly doubled to over €60/MWh by mid-March." https://www.briefs.co/news/u-s-natural-gas-just-hit-a-record... |
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It's always a peculiar response that outright ignores certain power combos, and it always seems to come in nuclear discussions.