2 ms·
Nuclear's cost is substantially less when built at scale. During serial production during the 1960s and 70s nuclear power costs averaged about $1B per GW of cap
by Manuel_D 5y ago
Nuclear's cost is substantially less when built at scale. During serial production during the 1960s and 70s nuclear power costs averaged about $1B per GW of capacity[1]. And with a capacity factor of near 100% versus ~30% for renewables other than hydro this is very cost competitive. Furthermore the question of storage to make renewables feasible is typically met with assumptions that batteries will scale by a factor of 100, or that a breakthrough will be made in another form of storage like liquid metal batteries, hydrogen, compressed air, or something else. None of these have been deployed at scale.
1. https://www.researchgate.net/figure/Overnight-Construction-Costs-of-Global-Nuclear-Reactors-in-USD2010-Costs-are-adjusted-by_fig1_292964046 https://www.researchgate.net/figure/Overnight-Construction-C...