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Nuclear plant and coal plant construction didn't really stop at the same time, though. In the early 21st century before the fracking boom took off in the US, na
by philipkglass 4y ago
Nuclear plant and coal plant construction didn't really stop at the same time, though. In the early 21st century before the fracking boom took off in the US, natural gas prices were rising. This spurred a small spurt of new coal plant construction in the US. Their operating start dates cluster around 2010 though construction starts were earlier:
https://www.eia.gov/todayinenergy/detail.php?id=30812 https://www.eia.gov/todayinenergy/detail.php?id=30812
The bad news is that coal fired power can be cheaper than gas fired power when gas prices are high. If coal and nuclear alike were dominated by the cost of steam equipment, we should have seen a similar burst of nuclear reactors starting to operate in the US around that time. Nuclear power plants are sadly more expensive to build and operate than coal plants.
The good news is that falling costs for renewables and storage make it very unlikely that the US will build any more coal-fired plants on economic grounds.
- pfdietz 4y agoThe US has not built a new coal fired power plant for ten years now (932 MW Sandy Creek Energy Station in Texas, came online in 2013). Do we even have the industrial infrastructure to build one now?
- Maursault 4y agoIt no longer makes economic sense to build coal power plants as 99% of US coal plants are more expensive than renewables.[1] This is pretty bad news for nuclear, as nuclear is 5x–6x more expensive to build than a coal plant. [1] https://www.forbes.com/sites/energyinnovation/2023/01/30/99-of-us-coal-plants-are-more-expensive-than-new-renewables-a-coal-to-clean-transition-is-worth-589-billion-mostly-in-red-states/ https://www.forbes.com/sites/energyinnovation/2023/01/30/99-...