2 ms·
The simple problem is that nuclear is poor value compared to renewables. Even if you add the cost of storage and a smart grid - which are useful whatever your s
by TheOtherHobbes 4y ago
The simple problem is that nuclear is poor value compared to renewables. Even if you add the cost of storage and a smart grid - which are useful whatever your sources - the total costs of nuclear power are still insanely expensive. And the gap is widening, because renewables are getting cheaper and cheaper.
And unlike a nuclear power station, they don't take years to build.
[1] According to Lazard, the total costs of nuclear energy - including value writedowns caused by slow building - make it six to twelve times more expensive than utility scale solar. Wind and geo are even cheaper.
https://www.lazard.com/media/450773/lazards-levelized-cost-of-energy-version-120-vfinal.pdf https://www.lazard.com/media/450773/lazards-levelized-cost-o...
- concordDance 4y agoThat's because of a regulatory rachet causing ever increasing safety standards. 1970s reactors and regs were much less sane and didn't value a human life north of a billion dollars like modern ones do.