3 ms·

Average electricity prices (edit/correction: in dense urban areas) in the U.S. are ~$250/mwh https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=ep

• Gwypaas 4y ago
  Which includes the transmission grid. Nuclear costs that, and then you have to build a grid.
• epistasis 4y ago
  Your chart shows residential prices for the total us average ~$140/MWh, not $250/MWh. Plus, this is the total cost including transmission and distribution, which is roughly half the retail cost. Generation costs average less than $70/MWh, including expensive peaking power in the average. You want to compare the £150/MWh to generation costs of the alternatives in the UK, which are a fraction of £150.
  • nottathrowaway3 4y ago
    > generation costs of the alternatives in the UK I'm all for renewable or nuclear energy, whatever's cheaper/strategic. As long as it's not burning fossil fuels.
    • epistasis 4y ago
      On- and off-shore wind plus storage is going to be a lot cheaper than nuclear, as well this massive transmission line. Hell, at £150/MWh, I bet that solar+storage is cheaper in the dreary parts of the UK. Maybe Rolls Royce will figure out cheap SMR nuclear, but that won't deploy until late 2030s, I would guess, if it does work. We are fortunate to have good carbon free alternatives to nuclear, after decades of hard work by renewable technologists. It's real tech.
      • deleted 4y ago
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