Talk:Cost of nuclear power: Difference between revisions
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==Nuclear is | ==Nuclear is to0 expensive== | ||
'''Quotes''' from Amory Lovins, | '''Quotes''' from Amory Lovins, | ||
[https://news.bloomberglaw.com/environment-and-energy/why-nuclear-power-is-bad-for-your-wallet-and-the-climate Bloomberg, 17 Dec 2021]:<br> | [https://news.bloomberglaw.com/environment-and-energy/why-nuclear-power-is-bad-for-your-wallet-and-the-climate Bloomberg, 17 Dec 2021]:<br> |
Revision as of 01:09, 23 February 2023
Nuclear is to0 expensive
Quotes from Amory Lovins,
Bloomberg, 17 Dec 2021:
"Nuclear power is ... now stagnant. In 2020, its global capacity additions minus retirements totaled only 0.4 GW (billion watts). Renewables in contrast added 278.3 GW ... Game over."
"New plants cost 3–8x or 5–13x more per kWh than unsubsidized new solar or windpower,"
"'Small Modular' or 'Advanced' reactors can’t change the outcome. Their smaller units cost less but output falls even more ... Mass production can’t bridge that huge cost gap - nor could SMRs scale before renewables have decarbonized the US grid."
"Even free reactors couldn’t compete: their non-nuclear parts cost too much."
"SMRs’ novel safety and proliferation issues threaten threadbare schedules and budgets, so promoters are attacking bedrock safety regulations. NRC’s proposed Part 53 would perfect long-evolving regulatory capture, shifting its expert staff’s end-to-end process from specific prescriptive standards, rigorous quality control, and verified technical performance to unsupported claims, proprietary data, and political appointees’ subjective risk estimates."
"Germany replaced both nuclear and coal generation with efficiency and renewables: in 2010–20, generation from lignite fell 37%, hard coal 64%, oil 52%, and nuclear 54%; gas power rose 3%; GDP rose 11% (17% pre-pandemic); power-sector CO2 fell 41%, meeting its target a year early with five percentage points to spare."
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