3 ms·
The Lazard report cited is two years old. There’s an updated version here: https://www.lazard.com/media/451881/lazards-levelized-cost-of-energy-version-150-vf.p
by nycdatasci 4y ago
The Lazard report cited is two years old. There’s an updated version here:
https://www.lazard.com/media/451881/lazards-levelized-cost-of-energy-version-150-vf.pdf https://www.lazard.com/media/451881/lazards-levelized-cost-o...
Better visualization of the key chart here: https://www.dallasfed.org/research/economics/2022/~/media/Images/research/economics/2022/0208/dfe0208c2.png https://www.dallasfed.org/research/economics/2022/~/media/Im...
- stepanhruda 4y agoSolar/wind will always fluctuate - nuclear can provide a guaranteed output to smoothen the need for massive batteries.
- danhor 4y agoMost nuclear power plants are designed for constant power output, so they still need some other thing (like batteries?). Some are engineered for changing their output power quicker, but that means higher costs (lower usage), more complicated design and for short periods (<30 Minutes) some other energy source/sink while the power is adjusted.
- credit_guy 4y agoBut does this mean nuclear is uneconomical? Nuclear energy costs about $170/MWh, coal about $100 and solar/wind about $50/MWh. For comparison, the average price of electricity in the US in 2021 was $140/MWh. It's almost guaranteed that in 2022 it will be much higher, because the jump in price of both natural gas and coal. [1] https://www.eia.gov/todayinenergy/detail.php?id=51438 https://www.eia.gov/todayinenergy/detail.php?id=51438