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It will require huge government expenditure though. The strike price of offshore wind in UK energy capacity auctions came in at less than half that of prospect
by ourlordcaffeine 7y ago
It will require huge government expenditure though.
The strike price of offshore wind in UK energy capacity auctions came in at less than half that of prospective nuclear plants.
Only one nuclear plant is going ahead, Hinkley C.
I guess that countries without plentiful renewable potential have no choice though, its nuclear or nothing.
- sanxiyn 7y agoNuclear does get cheaper as you build more. France is a shining example.
- ollie87 7y agohttps://www.reuters.com/article/france-nuclearpower/building-new-nuclear-plants-in-france-uneconomical-environment-agency-idUSL8N1YF5HC https://www.reuters.com/article/france-nuclearpower/building...
- realusername 7y agoFrance does have the same problem with renewables though, they are way over schedule and much more expensive than planned.
- selectodude 7y agoAnd, ironically, Illinois, which gets a full 54 percent of its energy from nuclear.
- pygy_ 7y agoThe know-how seems to have been lost though. The latest nuclear power plant they've tried to build (the Flamanville EPR) is severely late, and the budget has ballooned to several times the initial estimation.
- jcelerier 7y ago> The latest nuclear power plant they've tried to build (the Flamanville EPR) is severely late it is only late because the managers insisted on marketing and building it on 5 years while the engineers knew that it would be 10 years from the beginning. Pretty sure most people here know this exact situation from their job :-)
- kemenaran 7y agoWas the 3x cost increase also to be expected?
- sanxiyn 7y agoFlamanville EPR is one of the first EPR to be built. Of course it is expensive... It gets cheaper as you build more.
- stjohnswarts 7y agoNo it hasn't been lost. It's just become over regulated just like in the USA.
- pygy_ 7y agoSpecifically, the project has been plagued with poor welds and cracks in critical structural parts. That being said all I know about the project comes from the news on the French radio... What new regulations are you talking about?
- stjohnswarts 7y agoThat's in the US, China has plenty going online. I'm just waiting for them to blow past us on that technology and hopefully they'll be nice and sell us the technology and show us up and make obvious our ludditism in the USA.