4 ms·
Since nuclear fuel cost is very low and maintenance/lifetime is time based nuclear kWh price will be scaled by inverse of load factor. So if for example 66% of
by guerby 3y ago
Since nuclear fuel cost is very low and maintenance/lifetime is time based nuclear kWh price will be scaled by inverse of load factor.
So if for example 66% of the time solar+wind+hydro+misc provides enough and nuclear is not needed, nuclear kWh will be triple the price (estimated with historical load factors).
Already at play in Finland a few weeks after the nuclear power plant has been turned on it had to scale back its production to "not loose money":
https://oilprice.com/Alternative-Energy/Nuclear-Power/Finnish-Nuclear-Power-Plant-Cuts-Output-After-Prices-Go-Negative.html https://oilprice.com/Alternative-Energy/Nuclear-Power/Finnis...
What will happen in a decade with more and more solar and wind?
- ftth_finland 3y agoHopefully the antiquated must take rules for variable renewables will be replaced with must take rules for non-fossile deterministic power generation.