| ▲ | laurencerowe 3 days ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Existing nuclear reactors produce incredibly cheap power. The German decision to stop theirs before coal should be considered an environmental crime. Finns should be super happy with Nuclear since the cost overruns were overwhelmingly born by Areva (majority owned by the French state) which accumulated losses of €5.5 billion and went bust! As a nuclear weapons power the UK has a national security interest to keep its nuclear industry around. It needs to build some reactors to do that, but given the prices of new nuclear I don't expect it to build more than the minimum necessary. Hinkley Point C comes in at £92.50/MWh in 2012 prices (£128.90 in 2024 prices). At the last auction wind prices were £54.23/MWh in 2012 prices (£75.68/MWh 2024 prices). Now those prices for intermittent wind exclude the cost of providing backup power with gas but that is still much cheaper than nuclear. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | Mawr 2 days ago | parent [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
> Now those prices for intermittent wind exclude the cost of providing backup power with gas Yes, let's just handwave those concerns away, it's not like the grid needs power 100% of the time or anything. Two weeks without wind? No problem, just burn gas :) It's so cheap, independent of foreign supply, doesn't leak out of pipes and isn't a huge environmental hazard at all. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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