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Costs are actually the problem of nuclear power, not of renewables - at least in the west. The costs of nuclear power are rising significantly while renewables
by legulere 11y ago
Costs are actually the problem of nuclear power, not of renewables - at least in the west. The costs of nuclear power are rising significantly while renewables are dropping in price. The feed in tariff for newly installed photovoltaics in Germany today is lower than the feed in tariff Hinkley Point C will get when it will get when it's finished in 2023 + delay. Additionally the feed in tariff for Hinkley point C will get inflation adjusted.
https://en.wikipedia.org/wiki/Nuclear_power#Economics https://en.wikipedia.org/wiki/Nuclear_power#Economics
https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_station#Economics https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_...
- samstave 11y agoWhat would be the feasibility of the following: Make nuclear energy a global resource that all nations MUST buy into based on their % of consumption. build the appropriate plants, and if the US uses 25% of that power, it pays 25% of the bill. Make it protected by some joint/independent body/military in a de-nationalized territory. Make it illegal to profit off of it.
- allendoerfer 11y agoTo answer your question: The feasibility would be zero. Nuclear power is something you do not give away once you are part of the club.
- toomuchtodo 11y agoHow ironic the fuel once trumpeted to be "too cheap to meter" soon to be replaced with renewables, which will truly end up as too cheap to meter.