Some key insights from the article:

Basically, what they did was to look at how much batteries would be needed in a given area to provide constant power supply at least 97% of the time, and the calculate the costs of that solar+battery setup compared to coal and nuclear.

    • BussyCat@lemmy.world
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      21 hours ago

      According to the link you listed an AP1000 costs $66/MWh where as from the ember report that’s linked in this article solar plus storage for 97% uptime cost $104/MWh in a sunny city. In Washington DC it would cost $124 and only be able to maintain 81%. I still stand by even with the higher cost that solar + storage is a better option in places like Arizona, Nevada, Southern California ,etc. but nuclear is not as much of the high cost boogeyman as you are making it out to be

      https://ember-energy.org/latest-insights/solar-electricity-every-hour-of-every-day-is-here-and-it-changes-everything/

      • booly@sh.itjust.works
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        2 minutes ago

        My problem with nuclear is both the high cost and, somewhat counterintuitively, the very long life cycles to spread that high cost. The economics only make sense if the plant runs for 75 years, which represents an opportunity cost of displacing whatever might be available in 25 or 50 years.

        A solar plant planned in 2025 might be online in 2027, and decommissioned in 2047, replaced with whatever technology/economics are available then. But a new nuclear reactor bakes in the costs for 80+ years, to be paid by ratepayers who haven’t been born yet.

        So if in 2050 a 2030-constructed nuclear plant is still imposing costs of $66/MWh on ratepayers, to finance the interest and construction costs from 25 years earlier, will that be competitive with the state of solar/wind/batteries/hydrothermal at that time? Given the past trend lines, it seems economically foolish to lock in today’s prices for the next 80 years.