2 ms·
The production cost of 'renewable' electricity (RE) is increasingly lower than that of nuclear. So when they produce, they are and will be preferred. This will
by natmaka 2y ago
The production cost of 'renewable' electricity (RE) is increasingly lower than that of nuclear. So when they produce, they are and will be preferred.
This will reduce the effective load factor of nuclear power and therefore increase its production cost (it is only profitable with a high load factor), with a strong feedback.
It gets worse because, on the technical level and despite some progress, nuclear power cannot (due to technical limitation and for safety-related reasons) adjust its production ("load following") to always exactly match demand.
This will promote the deployment of an RE system based on a continental a mix (wind, solar, etc.), smart grid, clean backup (green hydrogen), storage, etc. which will reduce the variability of its production (intermittency effect) so nuclear power will be less and less useful and more and more expensive.
The effect on nuclear is easy to predict.
https://www.youtube.com/watch?v=udJJ7n_Ryjg https://www.youtube.com/watch?v=udJJ7n_Ryjg