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Learn from history. Nuclear power with all its cost overruns and other issues claimed 15% of the US electric market in 15 years. Where is solar after 40 years

by baking 7y ago

Learn from history. Nuclear power with all its cost overruns and other issues claimed 15% of the US electric market in 15 years. Where is solar after 40 years? The difference is building factories to produce cells which are made into modules that need to be installed in a sunny location, connected to the grid, and then incorporated into a 24/365 electric demand cycle, versus building a plant that can produce 100% of its power on day one. Part of using the learning curve is knowing where you are on the curve. And remember that it is log-log so you need to keep doubling production to keep getting those cost reductions (if you don't bottom out against reality.) High-temperature superconductors are presumably on the starting point of their learning curve. Increased demands for magnets for fusion research and other applications along with power transmission devices can potentially drive scale and efficiency factors for the production of REBCO tape to drive down the cost measured in $ per A/m.

pfdietz 7y ago
No, you learn history. Where is solar? A factor of 200 cheaper than it was then. Nuclear has NEVER shown that kind of cost improvement. Its costs have stubbornly refused to fall. That alone marks it as a doomed technology. The only question was when the improving technologies would pass it. They have now done so. You should pay attention to what the people with the money are doing with their money. They are, by and large, not building nukes, they are funding renewables. This is not because they are fools or cranks or green fanatics; it's because investment in nuclear just doesn't pencil out. It's been judged in the market and found wanting. BTW, if you look at the cost figures for ARC, even if the magnets were totally free the thing would still be far outside the range of economic competitiveness.

by baking 7y ago

pfdietz 7y ago

No, you learn history. Where is solar? A factor of 200 cheaper than it was then. Nuclear has NEVER shown that kind of cost improvement. Its costs have stubbornly refused to fall. That alone marks it as a doomed technology. The only question was when the improving technologies would pass it. They have now done so. You should pay attention to what the people with the money are doing with their money. They are, by and large, not building nukes, they are funding renewables. This is not because they are fools or cranks or green fanatics; it's because investment in nuclear just doesn't pencil out. It's been judged in the market and found wanting. BTW, if you look at the cost figures for ARC, even if the magnets were totally free the thing would still be far outside the range of economic competitiveness.