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Compare newly built renewables with all costs included to the marginal cost of paid of coal and nuclear. [1] Today it is often better to simply shut down your e

Compare newly built renewables with all costs included to the marginal cost of paid of coal and nuclear. [1] Today it is often better to simply shut down your existing nuclear plant and build a renewable instead. For a more comprehensive look see [2]. [1]: https://www.lazard.com/media/451885/grphx_lcoe-07.png https://www.lazard.com/media/451885/grphx_lcoe-07.png [2]: https://www.lazard.com/perspective/levelized-cost-of-energy-levelized-cost-of-storage-and-levelized-cost-of-hydrogen/ https://www.lazard.com/perspective/levelized-cost-of-energy-...

kube-system 4y ago
Looks like you'll pay the same price if you shut down an existing nuclear plant for wind/solar, unless you can bag some subsidies.
opo 4y ago
>...Today it is often better to simply shut down your existing nuclear plant and build a renewable instead. That is ignoring capacity factor. From your link we see that the most expensive power generation of all is residential rooftop solar. If cost is the concern, why support the most expensive option that also has a low capacity factor?
- lostlogin 4y ago
  This always makes me laugh. What other power source is accessible to the home owner? If we are going nuclear and it’s so efficient and cost effective, why is it always subsidised so heavily? Its full cost has never been paid anywhere, as storage etc stretch off way into the future. It seems eternally close to being cheap and reliable, but we keep screwing it up.
Gud 4y ago
Meanwhile what’s left of European nuclear industry is keeping the lights on
- Gwypaas 4y ago
  You mean half the French nuclear fleet which is out of commission causing much of the current problems? France has gone from the largest electricity exporter in Europe to an importer.
  - Gud 4y ago
    Which is due to the irrational fear caused by Harrisburg. The required production of new plants was halted, and now we are stuck with these aging plants.

kube-system 4y ago

Looks like you'll pay the same price if you shut down an existing nuclear plant for wind/solar, unless you can bag some subsidies.

opo 4y ago

>...Today it is often better to simply shut down your existing nuclear plant and build a renewable instead. That is ignoring capacity factor. From your link we see that the most expensive power generation of all is residential rooftop solar. If cost is the concern, why support the most expensive option that also has a low capacity factor?

lostlogin 4y ago
This always makes me laugh. What other power source is accessible to the home owner? If we are going nuclear and it’s so efficient and cost effective, why is it always subsidised so heavily? Its full cost has never been paid anywhere, as storage etc stretch off way into the future. It seems eternally close to being cheap and reliable, but we keep screwing it up.

Gud 4y ago

Meanwhile what’s left of European nuclear industry is keeping the lights on

Gwypaas 4y ago
You mean half the French nuclear fleet which is out of commission causing much of the current problems? France has gone from the largest electricity exporter in Europe to an importer.
- Gud 4y ago
  Which is due to the irrational fear caused by Harrisburg. The required production of new plants was halted, and now we are stuck with these aging plants.