Comment on Solar + Battery (covering 97% of demand) is now cheaper than coal and nuclear

<- View Parent
booly@sh.itjust.works ⁨4⁩ ⁨days⁩ ago

But the other misleading part is they looked at 20 years which is close to the life cycle for solar/batteries and not even half the life of nuclear

I think Lazard’s LCOE methodology looks at the entire life cycle of the power plant, specific to that power plant. So they amortize solar startup/decommissioning costs across the 20 year life cycle of solar, but when calculating LCOE for nuclear, they spread the costs across the 80 year life cycle of a nuclear plant.

Nuclear is just really, really expensive. Even if plants required no operating costs, the up front costs are so high that it represents a significant portion of the overall operating costs for any given year.

The Vogtle debacle in Georgia cost $35 billion to add 2 MW of capacity. They’re now projecting that over the entire 75 year lifespan the cost of the electricity will come out to be about $0.17 to $0.18 per kilowatt hour.

source
Sort:hotnewtop