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"The project completion cost at Hinkley Point C is now estimated at 21.5 billion to 22.5 billion pounds". [1] Agreed, the project hit some regulatory roadblock
by bipson 7y ago
"The project completion cost at Hinkley Point C is now estimated at 21.5 billion to 22.5 billion pounds". [1]
Agreed, the project hit some regulatory roadblocks, yet, this is a lot of money. The original cost bid was 18 billion already. Imagine how much solar/wind that would give you. And the costs for operation and waste storage are not even considered.
Also in this article: "The giant atomic project is expensive compared with U.K. wind, for example, where power from the latest offshore auction sold at less than half that from Hinkley" [...] "The additional costs will be borne by EDF [...], though they’re still set to receive 92.50 pounds for every megawatt-hour of power Hinkley generates -- more than double the current market price" [1]
This is a state-of-the-art reactor.
Nuclear is not the solution, particularly not the "cheapest", and particularly not green.
[1] https://www.bloomberg.com/news/articles/2019-09-25/edf-raises-cost-of-flagship-u-k-nuclear-project-warns-of-delay https://www.bloomberg.com/news/articles/2019-09-25/edf-raise...
edit: forgot to cite source