this post was submitted on 01 Aug 2023
1580 points (98.1% liked)
Technology
59577 readers
4378 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The cost of the power it generates in 50 years aren't lower than the day it opens. If you amortise the cost of the plant over its life nuclear is stupid expensive per watt produced. It's expensive enough that renewables + storage is cheaper. Renewables + storage is also a lot quicker to build than nuclear.
Even after the uptick in cost of renewables in the last year (which was dramatic) they're still the cheapest new build power (even accounting for the integration costs). As an example here's the most recent annual csiro report on energy costs by type. It doesn't include full scale nuclear today because it's known to be unviable, but even 2030 projections on "if smrs are commonly deployed at scale" they're predicted to be a lot more expensive than renewables with integration costs.
https://www.csiro.au/en/research/technology-space/energy/energy-data-modelling/gencost