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Dumb question, but wouldn't rising steel prices and interest rates affect any large construction project? How are the prices of new construction of other energy
by Teknoman117 4y ago
Dumb question, but wouldn't rising steel prices and interest rates affect any large construction project? How are the prices of new construction of other energy sources affected by this?
- Schroedingersat 4y agoAt a guess, new wind would be affected about the same because it uses about the same amount of steel as a traditional large reactor (although you can and some projects do use other materials like concrete). Chromium prices would only effect the nuclear plants. PV has a completely different supply chain. Steel quantities for a racking system like PEG https://pv-magazine-usa.com/2022/11/14/peg-racking-system-survives-near-direct-120-mph-hurricane-hit-in-cuba/ https://pv-magazine-usa.com/2022/11/14/peg-racking-system-su... are minimal. The limitation is polysilicon (which it is riding fairly hard right now, but production is being increased rapidly). Silver is the only critical resource, but metallization improvements are keeping the inputs required flat in spite of mid 20s percent growth.
- jlarocco 4y agoYeah, probably: > Webb said prices are rising for all energy projects. At their October meeting, Hurricane City Power Board members discussed other project price increases and whether $100/MWh would still be a good price for energy from the CFPP. Board Chair Mac Hall said he would be willing to pay the increased cost because of the guaranteed dispatchable power it would provide.