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There's a property called "learning rate", which roughly measures the extent to which doing some kind of project more makes it cheaper. Renewables have hugely b
by pjc50 1y ago
There's a property called "learning rate", which roughly measures the extent to which doing some kind of project more makes it cheaper. Renewables have hugely benefited from this at every level, from manufacture to installation.
Nuclear, somehow, exhibits a negative learning rate: the more nuclear projects you do, the more expensive it gets. https://www.sciencedirect.com/science/article/abs/pii/S0301421510003526 https://www.sciencedirect.com/science/article/abs/pii/S03014...