this post was submitted on 07 Aug 2023
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@MattMastodon @Sodis If you include construction and disposal (and transport and so on…) it is called lifecycle costs. First image shows that per energy produced (sorry german, »AKW neu« is new-built nuclear).
Uranium comes from all over the world. Second image shows the situation a few years ago. Niger is place 5, Russia place 7.
@Ardubal @Sodis
The cost is £106/MWh in 2021 for Hinkley Point, the #nuclear powerstations in the UK but it's indexed linked (goes up with inflation) so. Is higher now, and only starts when the reactor goes live in 2028 (estimated) .
The reactor was going to cost £23,000,000,000 but this has jumped to £33,000,000,000 and there is a suggestion (Reuters) that it will jump again to nearer £40,000,000,000.
To me this seems expensive #energy when #renewables can cost £50/MWh. At the moment.
@MattMastodon @Sodis We're going in circles. Volatile sources can only supply 40% of current demand for £50/MWh. The question is what fills the rest.
If storage, then the price goes up immediately by at least two conversion losses from/to storage, in addition to the cost of storage itself. Which doesn't exist at the needed scalability.
Pointing to single projects is not meaningful, as we need to build a fleet anyway, which has its own dynamics.
@Ardubal @Sodis
OK so I have googled the men capacity factor and of course #nuclear has nearly 100% and #renewables only 40%.
But this just means it produces on average 40% of it's capacity. You'd need a sunny windy day to get 100%
What I've read about is a #SWB (Solar wind and battery) system with massive overcapacity
So biomass, hydro and battery can take up the slack when needed. Or gas - which has a very low mean capacity factor <10% but is usually used as a last resort
Cheap #zero #CO2