this post was submitted on 17 Nov 2023
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Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.

Source: https://ourworldindata.org/cheap-renewables-growth

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[–] trafficnab@lemmy.ca 24 points 10 months ago* (last edited 10 months ago) (1 children)

I'd be willing to bet that the cost of nuclear energy derived electricity is going up because most countries haven't been building new plants for the last like 50 years

Average age of a nuclear power plant in the USA: 42 years

Average age of a nuclear power plant in the EU: 31 years

Average original intended operational lifespan: 20-40 years

To put their age into perspective, the average US nuclear plant was built closer in time to the Trinity nuclear test in 1945 than to today (along with any other plant 39 years or older)

This doesn't prove that nuclear energy is bad, only that slowly degrading nuclear energy technology from decades ago is bad

[–] Hexadecimalkink@lemmy.ml -2 points 10 months ago (1 children)

The reason we don't build nuclear power plants anymore (including small modular), is because they're insanely expensive, produce only a small amount of power compared to you can produce with renewables, and always come with cost overruns. Nuclear power is the techsploitation of of tbe 60's and 70's. Most governments look at the economics now and realize they can do solar plus storage for a fraction of the immediate and long term cost.

[–] Zink@programming.dev 2 points 10 months ago (1 children)

I wonder if fusion will ever be competitive with photovoltaic at this rate. There will still be decades for solar prices to drop.

[–] Hexadecimalkink@lemmy.ml -1 points 10 months ago

At some point decades from now maybe? I still think nuclear and fusion research are important for human civilization, I just think it's stupid to waste money on building power plants using nuclear technology in its current state.