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The problem is that hardly anybody does a clear cost calculation of a nuclear powerplant. We know roughtly what it costs to build solar or wind. There is a bit
by phicoh 5y ago
The problem is that hardly anybody does a clear cost calculation of a nuclear powerplant.
We know roughtly what it costs to build solar or wind. There is a bit of subsidies and commercial parties take care of the rest. In the short term we need natural gas as a backup for solar and wind. But even that is not hard to build.
And then we have nuclear. Projects that are late, projects cost way more than projected. Building a nuclear powerplant takes so much time that financing the project is almost impossible.
Today, nuclear is just not a practical option. We need to build as much non-fossil capacity as we can and as quick as we can.
In future, we have to solve the storage problem for wind and solar. If that becomes a problem, then nuclear may make a comeback. At least, if somebody can figure out how to accurately project the cost and construction time.
- Jensson 5y agoEvery big construction project type has big cost overruns etc, even coal powerplants. For example: https://www.politico.com/agenda/story/2015/05/billion-dollar-kemper-clean-coal-energy-project-000015/ https://www.politico.com/agenda/story/2015/05/billion-dollar... > And as the plant blows through deadlines, the cost has ballooned dramatically: An original price tag of $1.8 billion has swelled to $6.2 billion.