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I hope we will, the problem currently is that this is not competitive compared to just burning natural gas. This is because the externalities related to global
by jupp0r 5y ago
I hope we will, the problem currently is that this is not competitive compared to just burning natural gas. This is because the externalities related to global warming are not accounted for when the market determines the price of gas. Electricity will be more expensive either way and this really hasn’t sunk in yet. Were these costs accounted for, nuclear would be quite competitively priced, even with newer more modern reactors vs running the insecure ones from the 70s forever which is what we do now for the most part.
That being said, there is great potential in batteries becoming much denser and cheaper.
- KennyBlanken 5y ago> I hope we will, the problem currently is that this is not competitive compared to just burning natural gas. [Citation required] Grid-scale battery systems have fallen more than 70% since 2015. > nuclear would be quite competitively priced Nuclear is one of the most expensive and keeps getting more expensive; it's not competing against natural gas. It's competing against wind and solar, the two cheapest forms of generation. Solar is dropping ~10% per year...
- sofixa 5y ago> Grid-scale battery systems have fallen more than 70% since 2015. Then why are there checks notes 0 deployments ? Battery costs are exploding currently due to the hikes in prices of lithium, nickel and cobalt. Battery demand outstrips supply by far, and batteries are needed elsewhere. > It's competing against wind and solar, the two cheapest forms of generation. They're complimentary, not competition. Solar+wind alone
- ncmncm 5y agoPoor research skills do not tell us much about power generation build-out status.
- panick21_ 5y ago> Grid-scale battery systems have fallen more than 70% since 2015. Grid-scale batteries are still tiny. Lithium batteries will not solve the grid problem anytime soon. Lithium (and co) will be strained to the max already. Every other technology has barley been deployed at all. And there is already a whole litter of energy storage startups that have died. > Nuclear is one of the most expensive and keeps getting more expensive In order to get more expensive we would actually have to build plant. But literally any series engineering analysis of modern GenIV plants show gigantic potential of cost improvement. And if we could actually build them in series production there is another order of magnitude of potential cost improvement.
- ncmncm 5y agoStorage startups dying is a symptom of plummeting prices -- bad for them, very, very good for us. There is little need, thus far, for storage, so little has been built. Right now, generating capacity is a better place to spend the money. Next year, the same storage will be much cheaper. By the time any nuke started could be finished, even if it would have been competitive today, it would not when finished. So, it would be abandoned before completion. They would not return any of the money spent.
- DennisP 5y agoCompanies doing molten salt reactors, including Thorcon, think they can make nuclear dramatically cheaper. There are reasons to think they're correct. It seems like a good idea to let them try.
- ncmncm 5y agoElectricity will not, in fact, be more expensive. It will be progressively cheaper. We have squirmed in the grip of petroleum and coal megacorps for decades, and will finally be free of them.