3 ms·
> Nuclear's is 80% Why is that? I'm sure we're all broadly in favour of free markets. Do electricity consumers buy nuclear because it's good value?[0] [0] h
by logifail 8y ago
> Nuclear's is 80%
Why is that?
I'm sure we're all broadly in favour of free markets. Do electricity consumers buy nuclear because it's good value?[0]
[0] https://www.theguardian.com/news/2017/dec/21/hinkley-point-c-dreadful-deal-behind-worlds-most-expensive-power-plant https://www.theguardian.com/news/2017/dec/21/hinkley-point-c...
- joss82 8y agoBecause the nuclear reaction is not dependant on the wind blowing to produce energy. It's not 100% because you need to do maintenance at times.
- AntiTechTechie 8y agoI would think that they'd run it closer to 100% and do all the maintenance during a scheduled outage...at least that's how I understand they do the maintenance planning/scheduling at Palo Verde.
- logifail 8y ago> the nuclear reaction is not dependant on the wind blowing to produce energy Perhaps I wasn't clear enough, I was alluding to the lively debate about how the selling price for electricity is set, and how it should vary depending on market conditions. I see no reason to lock-in minimum pricing for any kind of electricity generation many decades in advance. Why is that necessary for new nuclear plants? In other words: do we need to guarantee a minimum market price 30 years in advance in order to make it look like building a nuclear plant makes economic sense?