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But why not compare to other carbon free options? A $18B budget buys a lot of solar panels. At the current price of $0.50 per W, you get 36GW. A 1GW reactor ha
by marze 9y ago
But why not compare to other carbon free options?
A $18B budget buys a lot of solar panels. At the current price of $0.50 per W, you get 36GW. A 1GW reactor has a 80% capacity factor, solar more like 20%, so it is 7.2GW average vs 0.8 GW average for nuclear.
Of course, you need to install those panels, so you might end up with 2GW average output. And no fuel cost and minimal operation cost.
There is a reason solar installations are growing at 100% per year and existing nuclear plants are shutting down. It is economics.
- sliverstorm 9y ago(And maybe the Federal tax credit)
- cma 9y agoNuclear plants get something similar. Their liability is capped at $12.6 billion. A meltdown near a major population center would cost a lot more, but they don't have to insure against much of because of that cap.