3 ms·
I'm much less worried about the risks from nuclear power than I am about global warming. But while the costs of renewables continue to fall we now seem complete
by laurencerowe 5y ago
I'm much less worried about the risks from nuclear power than I am about global warming. But while the costs of renewables continue to fall we now seem completely incapable to building new nuclear power for a reasonable price.
While the article mentions "electricity in France was almost 40 percent cheaper than in Germany as of the first half of 2020" this is from the existing fleet power stations almost all of which were mostly built 30-40 years ago. Even France seems incapable of building new nuclear power stations at a reasonable cost:
"EDF estimated the cost at €3.3 billion and stated it would start commercial operations in 2012, after construction lasting 54 months. The latest cost estimate (July 2020) is at €19.1 billion, with commissioning planned tentatively at the end of 2022." https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plant#Unit_3 https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan...
And for countries which have large investments in renewable energy, nuclear seems a poor match for balancing variable output since its costs are almost all capital expenditure so it never makes sense to run at less than full capacity.