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How will nuclear power and renewables combine? They compete for the same slice of the grid, the cheapest most inflexible, a competition new built nuclear power
by ViewTrick1002 2y ago
How will nuclear power and renewables combine? They compete for the same slice of the grid, the cheapest most inflexible, a competition new built nuclear power loses due to be horrifically expensive.
Thus nuclear power becomes forced into ever more marginalized peaking roles.
Try calculate the cost for a kWh of electricity from a peaking nuclear power plant.
- codewench 2y agoHow do they compete for the same role? Nuclear is the definition of base power generation, whereas solar/wind/etc (when backed with massive battery farms) are perfect peaker plants due to their near instantaneous demand response.
- chickenbig 2y ago> They compete for the same slice of the grid That depends on the market setup of the grid; if generator and retailer bypass the various market arrangements (as is the case in the UK since NETA) the price on the market is irrelevant. EDF can choose to have their own power transported to their consumers, leaving intermittent generators to be constrained away. Hence the CfD for Hinkley Point C is a relatively assured revenue stream, unlike for offshore wind merchant generators who are increasingly at risk from being constrained away (at the loss of their CfD payments, in exchange for a smaller constraint payment).