Comment by ViewTrick1002 5 hours ago
The problem is that western new built nuclear power costs 18-24 cents/kWh when running at 100% 24/7 without backup, transmission fees, taxes etc. based on Vogtle, HPC, FV3, Polish Ap1000s, EPR2s etc.
We can create imaginary renewable scenarios as well.
For example: "Assuming renewables and storage costs get an 80% price reduction (like you just gave nuclear power) then YY will happen".
> Fla3 min profitability limit is 9ct and expected limit is about 12-14ct.
When assuming extremely subsidised interest rates. You can do the same for the competition to get an apples to apples comparison, but I know you don't want to do that.
> And that's for a totally f-up project... EPR2 isn't built yet so we don't know how it'll go per kwh, if EDF doesn't delay it for 20y it'll be in 6-10ct range, similar to Barakah built by Korea
The EPR2 subsidy proposal, yet to be accepted by the european commission, is 11 cents/kWh and interest free loans. Sum freely. Stop making stuff up.
> Most of the cost in ren nowadays is transmission cost and firming cost, both don't have a big margin to shave, unlike nuclear
How will you force anyone to buy that horrifyingly expensive new built nuclear electricity?
Here's an article for you:
The Quiet Unraveling of the Power Grid Monopoly
https://oilprice.com/Energy/Energy-General/The-Quiet-Unravel...
Fla3 min profitability limit is 9ct and expected limit is about 12-14ct. And mind you 9ct scenario assumes 90%cf, while most US plants are 92-98%cf.
And that's for a totally f-up project... EPR2 isn't built yet so we don't know how it'll go per kwh, if EDF doesn't delay it for 20y it'll be in 6-10ct range, similar to Barakah built by Korea
Most of the cost in ren nowadays is transmission cost and firming cost, both don't have a big margin to shave, unlike nuclear