4 ms·
> $20B for 300MW Estimated 20B CAD for 4 x 300MW power stations.
by chickenbig 1y ago
> $20B for 300MW
Estimated 20B CAD for 4 x 300MW power stations.
- throwaway2037 1y agoIs that competitive compared to solar/wind + battery? I doubt it.
- bryanlarsen 1y agoThe press release claims it is. But other jurisdictions can build 1GW of solar + battery for $2B.
- christina97 1y agoKeep in mind that 1 GW solar does not equate to 1 GW firm production.
- _aavaa_ 1y agoThen build 10x for the same sticker price as these 4 SMRs. You'll have it done in less time, and likely even cheaper than the final cost of these 4.
- epistasis 1y agoIn the US, the equivalent to 1GW nuclear would be something like 4GW solar + 18GWh storage. Though it's not fully equivalent because solar + storage is far more flexible and would make a lot more money on the grid, since it can shift power to when it's needed rather than being a constant base of power. At old NREL prices that would be $4.3B for the solar, and $7.4B for the storage, but the lifetimes don't match up with nuclear either. You'd need to replace the storage after 15-20 years, and the solar after 30 years, if the nuclear plant is going to get a lifetime extension to 50 or 60 years. But 15 years from now, prices for batteries and solar will be far far far lower, we just have no clue how much.
- _aavaa_ 1y agoIn addition to this, the nuclear plant also needs both major component replacements and refurbishments over it's life, and then decommissioning at end of life, neither of which are cheap or accounted for in the sticker price. Do you know if there's enough of a market yet for battery recycling at utility scale, and if they pay you to get the old battery?
- epistasis 1y agoI know that there are several battery recycling startups, and their biggest hurdle is lack of batteries to recycle. Also that the amount recovered is high enough, and manufacturing progress a fast enough, that a recycled battery will have greater capacity than the original battery.
- throwaway2037 1y ago> In the US, the equivalent to 1GW nuclear would be something like 4GW solar + 18GWh storage. Are you speaking about the precision location of this planned project, or generally about the United States? Really, the US is way too big to generalise about solar efficiency. Compare New England to Southwest US will have massively different solar coefficients. The same is true in Europe: Compare Scotland to Central Spain. Wildly different solar coefficients.
- coryrc 1y agoHow much solar does Ontario get during the heating season?
- _aavaa_ 1y agoIt isn't even competitive with other nuclear reactors.