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> If you had that, Nuclear become competitive. Source? There are several studies looking at what it’d take to go for 100% renewable energy that ends up with a
by audunw 3y ago
> If you had that, Nuclear become competitive.
Source? There are several studies looking at what it’d take to go for 100% renewable energy that ends up with a lower total cost of energy than what we have today. Including costs for balancing the grid. This assumes no technological improvements.
Considering the cost of nuclear today, I don’t see how nuclear could ever contributing to lowering the total costs.
Yes, with technological improvements, and scaling up manufacturing, I’m sure nuclear could become much cheaper. But so could renewables and energy storage solutions. And energy storage solutions have network effects with decarbonisation of transportation that nuclear power doesn’t get to benefit from. I don’t see a way for nuclear to catch up considering how solar and battery technologies are rapidly becoming essential to every aspect of society. The amount of R&D going into these fields is absolutely staggering.
And nuclear power has this sword of Damocles hanging over it: if advanced geothermal gains significant traction, nuclear is doomed. Both nuclear and geothermal is essentially ways of getting thermal energy with near zero operating costs. But geothermal is much easier in terms of regulation and have zero concerns regarding waste management. What do you think will happen when the entire oil and gas industry is made redundant? An industry whose main competency is drilling deep. Just focus on drilling deeper, cheaper, and you get infinite free and green energy forever.