3 ms·
Storage cost is still falling very, very fast. When you finally finish building your nuke, lo those many years on, you would not be able to win any bids selling
by ncmncm 5y ago
Storage cost is still falling very, very fast. When you finally finish building your nuke, lo those many years on, you would not be able to win any bids selling at cost; so could not service your debt. (This is easily predictable, so you will not get the loan.)
And anyway, all the money tied up in it during all that time would be unavailable to displace coal, so you would additionally need to pay for coal that whole time.
- belorn 5y agoThe last calculations I saw on green hydrogen put it around 100x the cost of current energy prices. That is a far distance to fall before it reach competitive prices, and until then people are murder each other over fossil fuels and causing global extinctions. If you want to call those nuclear plants for nukes, then I will call current energy policies for planet killers. Someone has to take responsibility while waiting for that cost to come down. A proper market solution would be to ban fossil fuels now and let non-fossil fuels alternative compete for investment and research. Not hopes and dream but technology that works when one can not just fall back on burning murder gas. Fossil fuel advocates are working very hard to convince people that coal should be replaced with natural gas, rather than non-fossil fuel alternatives.
- ncmncm 5y agoYou clearly are relying on falsehoods. I can make hydrogen at home at much better than 1% efficiency.