3 ms·
The battery isn't the source of the energy. You are missing wind and solar (which isn't free), an electrical grid overdesigned for the peak-energy requirements
by jakehop 6y ago
The battery isn't the source of the energy. You are missing wind and solar (which isn't free), an electrical grid overdesigned for the peak-energy requirements (since you will not get all of your energy over the course of a day).
4 APR-1400 will cost the UAE ~ $24.4 bn to complete. So $600 bn will give you 98 APR-1400 reactors, for a total of 131GW of electrical power – not to mention twice that in thermal power, which can be used for central heating, hydrogen production, etc.
This thermal energy is currently ignored in almost all calculations; it makes little sense to include it in a debate that only focuses on electricity, but at the same time it makes little sense to have such a debate (unless one is a lobbyist), when the use-case is much broader.
The most expensive part of nuclear energy are the capital costs – the discount rate in particular – since it is a "everything up front"-project, where political scrutiny is extremely high (much of it for good reason, but too much is mainly the 'vetocracy' and NIMBYism in action) and the low amount of new plants being built is limiting the build-up of knowledge.
In my native country of Denmark, there is basically zero research in nuclear compared to other energy sources; even in the institutions that were led or founded by the Nobel-prize winning Danish physicist, Niels Bohr. That is all due to politics and it shifts the debate to be less and less about science, which is one of the saddest things to happen.
- jerven 6y agoSo to meet the requirement of the poster I replied too, you need to spend another +/- $1800bn to get to the 500Gw peak power production. What amount of wind and solar can you purchase for that? Considering you have just bought the battery per the description? Hornsea 1 pricing would get you there, and that includes transmission etc. With Hornsea 2 being half that and other offshore even cheaper. After 60 years of being build and in action, the nuclear industry should be able to support it's own research needs. Considering the amounts still going to EurAtom (1.6 billion euro per five years) it is not yet as poor as one might expect. I think the Nuclear proponents should really look at the numbers as they are today and in the near future * Why are they are these not good enough in a modern market place. * Why are the safe modern reactors not build ? * Why are the smaller modular reactors not yet in the market ? * Where are the complications? is it the NIMBYs or has the nuclear power industry taken the wrong direction ? * On a manufacturing level, how come I can order pv or wind turbines from a vast number of players at short notice (years) ? * What is required to compete with the expected pricing cost of battery, wind and solar of 2035 ? * Why are so many projects delayed in the construction phase ? How often from lawsuits How often from defects * Could nuclear be build at a rate that makes a difference if money and site licenses were not an issue ? Nuclear should be wining, but why isn't it? My guess is that the physics is simple, but the chemistry is complicated.
- jakehop 6y agoYou are skipping a crucial variable: Capacitance Factor. New nuclear power plants come in at 90-95%+, while lower for both solar (10-25%) and wind (22% for onshore and 36% for offshore in 2018). This means that 1GW of nuclear power will, on average, result in 0,9-0,95GW of grid capacity, while 1GW of offshore wind will result in 1/3rd of that. So if we use your example with Hornsea 2 (I haven't checked your data, but choose to believe you), Hornsea 2 is 50% more expensive than nuclear power, with out factoring in the cost of large scale energy storage. Ask any honest person in the battery industry – I have done that, because I wanted to know whether or not it was an option – and she will clearly tell you, that they will not even be able to meet the anywhere close to 10% of EU or US storage needs in 2050, while also supplying batteries to EVs and other needs. Those windmills have an operating life of 15-20 years. Once again, we need to triple or quadruple the cost, to keep that capacity on the grid for an equal amount of time. The same goes for whichever storage solution you choose – batteries for example. Newer battery technology might change that, but that is a very schizophrenic approach that I see in far too many people, who put their politics first: The environmental challenges are enormous, present and must be solved fast... just not with that specific type of technology, but rather one that we haven't invented yet. I find this close to disqualifying. Safe modern reactors are built; look at the South Korean project in UAE. SMR's are a relative new field, they have already come very far, which is surprising for many, since government support of this research is close to none, compared to money spent on other green energy projects (even the foolish ones, such as wave energy). Nuclear is stable and delivers energy 24/7. When the requirement is for stable energy with a high total EROEI, nuclear is a great technology. If one thinks of the environmental situation as a crisis, one should want to act now. Nuclear can be rolled out now and a wide rollout would make the industry do all those things, you think it is lacking. Because not enough is being done now and if it was a purely economic discussion (including proper safety, storage of spent fuel until it can be used, etc. – not cutting corners!), nuclear would already be the major power source in he world. But feelings go above facts, which is hurting science, humanity and the planet.
- jerven 6y agoCapacity factor is bounded by limited demand. You can't put power on the grid that no one wants. So for an all nuclear grid you end up with a capacity factor that is around 60-70%. (note: France exports/imports a lot so capacity factor is higher than if it was an isolated grid). For wind, if there is storage capacity factor goes up. Basically, if it can produce and there is a consumer (the battery) then the wind mill will turn. If there is no consumer it shut's off even if there is wind. Windmills have a guarantee for 20 years (in common contracts, sometimes 25). Included in the above prices. Nuclear island lasts 60 years, but will be refurbished and it's power island is not guaranteed for 60 years (turbines). Solar panels guarantees are heading towards the 40 year mark (inverters not yet). The law of large numbers favor's wind and solar for reliability at scale. It's not about feelings, it's about hard economic reality. That even with massive economic subsidies very few modern nuclear plants are viable. With the problem, that the scale up period of Nuclear is too slow. Even successes take decades to build. And are limited by sites/foundery's that themselves takes years to build.