So wind and solar are intermittent so you have to factor the cost of a stand by power supply (which you need to pay for whether you use it or not), or power storage (which we can't do at scale).
You also rarely hit peak capacity with wind (unless you have a reliably strong and steady wind) so you need to over provision by a larger ratio. Nuclear is about 70% utilisation on average, wind about 20%. Similar story with solar.
Nuclear plants tent to have a very long shelf life, wind not so much (to take into account in the cost comparison)
There is a lot of diversification in the demand, not all machines of a country are switched on at the same time, in fact a small fraction of the machines are consuming electricity at a given time. When you adopt a centralised grid with large sources of power, you benefit from this diversification. When you produce the electricity locally, you need to size it for the max local demand, and you need to do that everywhere. That means you end up installing a lot more capacity than you would need with a centralised network.
And the grid in most developped countries is already designed for a centralised supply, so if you switch to a completely different approach you need to invest in your grid.
It's not enough to compare the cost per W produced.
Build enough of these redox flow plants on the grid, pour in enough excess from all kinds of renewables, and hopefully in 3-7 generations our children won't worry about coal-originated mercury poisoning from eating "too much seafood".
You can’t easily vary the output of a nuclear plant (maybe these will be different, but I doubt it), they take days to weeks to spool up and down. Which makes them only useful for base load.
Ironically pairing them with grid storage would be an enormous help, because then you could use the storage to rapidly respond to demand, while your nuclear plant ramps up and down very slowly.
In short nuclear also isn’t a one size fits all solution for power production, and if it needs to be paired with storage in a carbon free world, it makes you wonder if it’s really worth all the trouble compared to wind and solar.
[1]https://www.oecd-nea.org/nea-news/2011/29-2/nea-news-29-2-lo...
[2]https://journals.sagepub.com/doi/10.1177/0957650920932083
https://en.m.wikipedia.org/wiki/Load_following_power_plant
“Modern nuclear plants with light water reactors are designed to have maneuvering capabilities in the 30-100% range with 5%/minute slope. Nuclear power plants in France and in Germany operate in load-following mode and so participate in the primary and secondary frequency control.”
It's absolutely not perfect but it's an improvement.
And should a country end up many of these small reactors, nuclear could actually be quite flexible. The reactors could be shut down and started up on schedules such that each morning, some reactors that were shut down are coming online and in the evening, some of the reactors that were online are shutting down.
> augmented with utility-scale storage that currently runs about $200M/GWh and will be at least 2x cheaper by 2030
So storage is a cost, but seems like a relatively small cost, especially if the stated trends continue.
[0]: Just a guesstimate from eyeballing this graph, might be off http://www.caiso.com/TodaysOutlook/Pages/index.html
Eyeballing the graphs, looks like we need maybe an average of 25GW for the 16 hours of low solar output, for 400GWh. If batteries don't increase in price and the grandparent's prices are right ($200M/GWh, ignoring the prediction of it halving), that's $80Bn of storage. The proposed mininuclear is a bit over £4Bn[0]/GW, so £100Bn to get 25GW.
Seems like storage wins if you don't consider cloudy days (bad for solar), maintenance/operations cost (I assume much lower for batteries+solar than nuclear), or replacement times. (I'm guessing nuclear plants last longer than storage.)
I'm a little surprised how little wind is being used in California. It's worth noting that wind actually picks up slightly when solar drops, but not as severely, judging from the graphs.
[0] I hate that some of our units are £ and some $, but I'm going to pretend they're equal. That unfairly helps nuclear in the calculations.