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I don't see why. Currently you would subsidise a nuclear power station because it provides reliable capacity that you may not need. The customer is created ar
by 7952 5y ago
I don't see why. Currently you would subsidise a nuclear power station because it provides reliable capacity that you may not need. The customer is created artificially by the market. But if you can link nuclear with hydrogen production the customer is not artificial anymore. You could provide guarantees about future hydrogen prices instead and still get the capacity. You then get a product that helps to decarbonise other parts of the economy.
- pfdietz 5y agoIt pushes out new nuclear because the levelized cost of new nuclear is much higher than the levelized cost of wind/solar. And with highly dispatchable demand, levelized cost is what matters. Why should someone who wants hydrogen buy expensive nuclear electricity when they can use much cheaper renewable electricity?