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Nuclear projects globally aren’t collapsing because they aren’t “green”. They’ve been collapsing because of the economics despite green subsidies. And where the
by addicted 4y ago
Nuclear projects globally aren’t collapsing because they aren’t “green”. They’ve been collapsing because of the economics despite green subsidies. And where they have succeeded they’re charging customers a lot more money than equivalent solar and wind alternatives have.
This is the problem that needs to be solved. And it’s not clear to me how it gets resolved in a much higher cost of borrowing environment than what we’ve had for a decade.
- krupan 4y agoIs there really a place where there is equivalent power from solar and/or wind alone?
- nl 4y agoVery many places. Germany: 41% of all power was from renewables in 2021 https://www.umweltbundesamt.de/en/topics/climate-energy/renewable-energies/renewable-energies-in-figures https://www.umweltbundesamt.de/en/topics/climate-energy/rene... UK: 43.1% of all power was from renewables in 2020 https://www.nationalgrid.com/stories/energy-explained/how-much-uks-energy-renewable https://www.nationalgrid.com/stories/energy-explained/how-mu... Australia: 32.5% (2021): https://apo.org.au/node/317318 https://apo.org.au/node/317318 US: 22% expected in 2022: https://www.eia.gov/outlooks/steo/report/electricity.php https://www.eia.gov/outlooks/steo/report/electricity.php
- modo_mario 4y agoYou're arguing for him. Those places do not go anywhere close to full renewable. Germany being one of your best examples has put out vaaastly more CO2 than let's say France. This because it needs variable output to cover the variable output of it's renewables and as their share of the pie grows so do the costs of providing either storage or variable output. The strategy of our Greens in Belgium too was to build gas plants to cover for when the nuclear reactors were shut down like they always wanted. You may have noticed tho that gas has seen some changes in price and circumstances and a lot of people have started wondering why Greens are so eager to increase CO2 output.
- nl 4y ago> Germany being one of your best examples has put out vaaastly more CO2 than let's say France. Or look at Spain. 43% renewable power, less CO2 than France, and shutting down 4 out of 7 nuclear power stations by 2030. The solution to intermittent power is transmission lines, not nuclear. https://www.statkraft.com/newsroom/news-and-stories/archive/2021/country-series-green-ambitions-in-spain/ https://www.statkraft.com/newsroom/news-and-stories/archive/...
- modo_mario 4y agoSpain puts out more CO2 per capita than France and I don't expect it to improve as they reduce their nuclear capacity. Just like our plan to deal with that and boost renewables is big gas plants with long contracts and insane subsidies.
- nl 4y ago> Spain puts out more CO2 per capita than France I mean yes, but only just[1]: Spain: 4.47 France: 4.27 Portugal by comparison is 3.96 with zero nuclear. > I don't expect it to improve as they reduce their nuclear capacity Well they do - see the projections in the plan I linked above. They are building a lot more capacity and transmission. [1] https://ourworldindata.org/co2-emissions https://ourworldindata.org/co2-emissions
- blitzar 4y ago> UK: 43.1% of all power was from renewables in 2020 Yet my UK electricity cost is tracking the price of gas - up ~3x.