4 ms·
I think that some small modular reactors will get built. Whether more SMRs get built after the initial test deployments will depend on their own achieved cost/s
by philipkglass 4y ago
I think that some small modular reactors will get built. Whether more SMRs get built after the initial test deployments will depend on their own achieved cost/schedule numbers.
The Georgia reactors can't compete on price with solar projects backed by 4-8 hours of battery storage at current prices. However, the project started developing in 2010:
https://www.greencarcongress.com/2010/02/vogtle-20100217.html https://www.greencarcongress.com/2010/02/vogtle-20100217.htm...
At then-current prices for solar and especially battery storage, Vogtle 3 & 4 were economically rational decarbonization projects. Or at least they would have been if they had actually met their initially announced schedule and cost numbers.
The unpredictability of scheduling/budgeting for nuclear power projects is IMO their most unattractive characteristic. In 2010 costs for solar farms were much higher, but they were at least predictable. If a project developer said that a solar farm would be generating by November 2010, it would be generating by November 2010. The predictability enabled projects to gradually increase in size and number with high confidence that none of them would snowball into a financial catastrophe like Vogtle did. Iterative development with predictable characteristics brought solar project costs down dramatically since 2010.