4 ms·
Nuclear needs the same compensation. The high fixed cost low variable cost model lends nuclear power to only run at 100%. Take the California grid, peak energy
by ViewTrick1002 3y ago
Nuclear needs the same compensation. The high fixed cost low variable cost model lends nuclear power to only run at 100%.
Take the California grid, peak energy usage is 2x minimum. Nuclear plants are insanely costly when ran at 100%. Imagine running at much lower capacity factors. Say the peaking plants run at 50%, that means the cost for consumers would be ¢2.4-4/kWh. [1]
Logically this entails that if we can solve a nuclear grid then we can solve a renewable grid since they impose the very similar constraints on the grid operators.
[1]: https://www.lazard.com/research-insights/2023-levelized-cost-of-energyplus/ https://www.lazard.com/research-insights/2023-levelized-cost...