3 ms·
I don’t think amortized cost matters. The research and development has been done or is included in the unit cost. Renewables have better unit economics than nu
by ianburrell 4y ago
I don’t think amortized cost matters. The research and development has been done or is included in the unit cost.
Renewables have better unit economics than nuclear since fixed costs are spread over many, many more units. It sounds like better reactors need lots of research. More important is time, it takes ten years to build reactor while can order solar panels now. Probably can build a new solar panel plant and multiple solar installations in decade.
There does need to be economic incentive to over build. Someone, probably the government, will need to pay for carbon capture. May need to encourage hard-to-electrify industries to switch. But we have a while until that happens.