4 ms·
This isn't really true. Yes first of a kind is expensive and there is learning curve, but learning is serial and iteration cycle is long. You can't build 1000 p
by sanxiyn 5y ago
This isn't really true. Yes first of a kind is expensive and there is learning curve, but learning is serial and iteration cycle is long. You can't build 1000 plants in parallel and learn 1000x. Solar power cost is falling fast because iteration cycle is short.
South Korea built 28 reactors over 36 years and cost fell 1.5% per year, totalling 40% reduction. Even with this South Korean nuclear power is only about as half cheap as solar power locally (as of 2020), and South Korea is a very poor country for solar power considering its latitude and weather.