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If it costs more money to keep these dinosaurs running than installing solar and wind and batteries to replace natural gas and coal, then... you're wasting mone
by AtlasBarfed 6y ago
If it costs more money to keep these dinosaurs running than installing solar and wind and batteries to replace natural gas and coal, then... you're wasting money on nuclear.
"Old nuclear" is fundamentally not cost competitive with current solar/wind, and it's only going to get much much worse in the next decade, especially if perovskites hit mainstream utility solar and cheap grid storage (such as that military salt water battery or increasing-density LFP) becomes a reality.
The barrage of hydrogen, nuclear, and synthetic fuel stories is indicative of the desperation of the market reality of solar/wind/electric vehicle/battery economics to oil/gas/nuclear/ICE.
Once the price curves flatten out, then maybe next-gen hydro/nuclear/geothermal can chase a stable price point. I do think nuclear can still beat solar/wind once the economics of those stabilize and with the right regulatory, after all I'm a LFTR stan.
"Old Nuclear" plants will be propped up by the military that want their weapons grade isotopes.
- Robotbeat 6y agoWell I’m fine with that. I’m just arguing for replacing those fossil fuel plants first. We don’t have time or money (which is to say, productive capacity without significantly reducing quality of life somewhat for most of the population) or climate capacity to go the other way.
- belorn 6y agoStorage with solar is currently generally economical competitive for about 75% of output for 4hrs, with a charge cycle per day. In order to replace fossil fuels using wind and storage you would need significant more than 4 hours, using a much slower charge cycle. If we want to have something like 1 week of storage, with an expected charge cycle of 2 weeks (ie one week where the wind is producing more than the grid, followed by one week where it is producing less), we are talking about 42x in capacity, and the investment will get repaid 14x slower for each dollar invested. Prices will need to drop and production will need to be heavily increased before batteries is viable for wind, and until then more fossil fueled power plants is being built in order to match the capacity of wind. If I had to choose between battery and nuclear, my choice is neither. Simply ban fossil fuels while we wait for people to make up their mind.
- lucb1e 6y ago> "Old nuclear" is fundamentally not cost competitive with current solar/wind, That's like saying that someone who owns 90% of a publicly traded company is worth $9 billion just because the stock has a market cap of $10 billion. If they'd actually try to cash that stock, they'd run out of buyers and the stock price would go way, way down. Solar and wind are great now, because we can pick a random spot and build it without needing storage and don't have many people objecting to it. (Yes, the lawsuits are there already, but so far we've only gotten to the low hanging fruit. It'll get much worse before we're anywhere near 50% green energy.) It's cheap if you just look at the cost of the pure panels/turbines. The earth has a finite amount of habitable land. If you start filling that up with solar panels, land price will increase because you have to buy it from people that wanted to plant crops there or live there. A few countries like the USA and Argentina have it easy, but most places don't have large swathes of land laying around completely unused with wind and sun aplenty. We currently use about 162 PWh worldwide, only 27 of which is electricity[1]. We're barely starting to make a dent in electricity production and what you hear left and right is "not in my backyard" and "not on my the neighbor's roof that I have to look at every day" (--my dad). We'd barely have the space if people wouldn't complain, let alone if we can only build it away from civilization. And that's replacing electricity production alone, we haven't really started on transportation, making things (cement, steel, plastics, ...), growing things (fertilizer, cow farts), and heating/cooling. What's more: due to only replacing a tiny percentage of electricity production with solar and wind, we aren't yet seeing the need for large scale energy storage, which seems like it will easily triple the cost with current technology (my takeaway from [2], p. 76). You might counter with putting the stuff on sea instead to avoid the finite land issue. The primary problem there is that this is not where people live, increasing the cost of construction, maintenance, and energy transportation. For example, wind on sea is about as expensive as nuclear (I should start keeping notes on which sources I looked at before and copy-paste texts instead of memorize and reiterate). Solar I don't know, but for some reason we're not doing that on the same scale as wind, presumably for a good reason. There just aren't any easy shortcuts here, only compromises. Let's not dismiss fission energy just yet. It might seem expensive today, but between a known ~2x price increase (iirc going full nuclear would increase the energy price by that much from today's price, though France has me wondering if I might be misremembering) and a larger cost if you do solar/wind+batteries+need-to-win-lots-of-lawsuits-for-space (which works out to be about 3x for just the hardware, using today's technology), I'll have fission reactors please. Until we have better tech, let's get started with the current tech and hope it becomes obsolete and we get cheaper energy with a sunk cost rather than not try because we might sink some cost. [1] https://en.wikipedia.org/wiki/Primary_energy https://en.wikipedia.org/wiki/Primary_energy [2] How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need - Bill Gates - 2021