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Or you can quickly build a coal plant which only costs $. Do you see now how this way of thinking got us into this conundrum?
by nickpp 5y ago
Or you can quickly build a coal plant which only costs $. Do you see now how this way of thinking got us into this conundrum?
- dale_glass 5y agoCoal plants are not that profitable anymore. Renewables are what is the cheapest right now: https://i.imgur.com/gj6csyJ.png https://i.imgur.com/gj6csyJ.png Now looking at that graph I think one thing becomes very clear: no sane person would buy power from a nuclear plant if they could get it from solar or wind instead. But if you do that, nuclear becomes even more expensive. It's nearly all capital costs. If you're only selling power during half the day, you make half the money, and take twice as long to pay off the loans. That introduces the very real possibility that you'll never pay it off. And so why would anybody want to build one?