Unfortunately your misconception is very popular, and I think a large part of why a lot of people don't support nuclear.
> Indian developer secures 300 MW renewables project with $0.050/kWh bid
https://www.pv-magazine.com/2023/05/19/indian-developer-secu...
Nuclear costs $0.12 - $0.20/kWh in comparison.
https://www.lazard.com/research-insights/levelized-cost-of-e...
https://www.wired.com/story/the-dream-of-mini-nuclear-plants...
You appear to be employing rhetoric a lot more than hard numbers. If you want a productive discussion I recommend sticking to the latter.
https://www.lazard.com/research-insights/levelized-cost-of-e...
Like Hinkley Point C clocking in at a fair $0.16/kWh.
https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_...
I think you is the one blinded by the industries promises rather than the reality it produces.
Take IEA and their special report on Nuclear power. They generally are super conservative and in favor of traditional methods.
> As an established large-scale low emissions energy source, nuclear is well placed to help decarbonise electricity supply. In the IEA’s Net Zero Emissions by 2050 Scenario (NZE), energy sector emissions fall by about 40% from 2020 to 2030, and then decline to zero on a net basis by 2050. While renewable sources dominate and rise to nearly 90% of electricity supply in the NZE, nuclear energy plays a significant role. This narrow but achievable pathway requires rigorous and immediate policy action by governments around the world to reshape energy systems on many fronts.
> Nuclear has to up its game in order to play its part
> The industry has to deliver projects on time and on budget to fulfil its role. This means completing nuclear projects in advanced economies at around USD 5 000/kW by 2030, compared with the reported capital costs of around USD 9 000/kW (excluding financing costs) for first-of-a kind projects. There are some proven methods to reduce costs including finalising designs before starting construction, sticking with the same design for subsequent units, and building multiple units at the same site. Stable regulatory frameworks throughout construction would also help avoid delays.
Essentially - Nuclear as it exists today is dead, if it can get it costs down to less than half it may play a tiny role.
https://www.iea.org/reports/nuclear-power-and-secure-energy-...
I don't want to ban you, so if you'd please stop doing this on HN, we'd appreciate it.
p.s. please also follow the site guidelines (https://news.ycombinator.com/newsguidelines.html) when responding to other commenters. https://news.ycombinator.com/item?id=36345123 broke the rules badly. Fortunately it doesn't look like you've been making a habit of that!
Renewables + storage can provide "synthetic baseload" at a cost that will likely be lower than nuclear in most places, especially for a new nuclear plant whose construction has not started yet (it will compete with renewables + storage of the future, since they are installed much faster and don't have to start now to be done at the same time.)
An important reminder is to not use just batteries for storage. Many bogus attempts to show renewables can't do it assume batteries are used for long term storage. This is a technological strawman argument. Use e-fuels instead. With renewables and electrolysers crashing in price, green hydrogen will become remarkably cheap.
Care to show me a country with a breeder-based nuclear cycle? Oh gosh, by your logic nuclear cannot use breeders, since it hasn't been done yet. I guess nuclear is ruled out so we're totally doomed. Fortunately, your logic is entirely specious.
My logic is that we are currently shutting down or creating regulatory hurdles for the cleanest base load technology, which is proven safe and reliable, in favor of pipe dreams such as that renewables plus storage is all we need.
"Economically"? Compared to current hydrogen from methane, sure that would be hard. But compared to electrical power from nuclear? Much easier. Exelon stated in 2005 that nuclear could be competitive if natural gas (with a $25/ton CO2 tax) were around $14/MMBtu (note that natural gas at the Henry Hub is a bit over $2/MMBtu right now). That's about $.05/kWh(thermal). Electrolysis could pretty easily make hydrogen at that cost, given today's cheap renewable energy. Given that those 2005 nuclear cost estimates were optimistic, I doubt existing nuclear could compete with combined cycle plants burning green hydrogen. Of course, on a renewable grid, a great deal of the energy will go directly from the renewable sources to the grid, not through hydrogen, so nuclear will do even more poorly.
Try actually calculating this. Last I did I got around $100 billion per year needed for storage+renewable for the UK, which was triple the wholesale electricity annual revenue.
Got the numbers for hydrogen (energy conversion loss, storage costs per kwh, drain, cycle numbers, costs per kw)? The 2019 US department of energy storage costs paper I used didn't include it and I suspect this was because the numbers are atrocious. Compressed air storage seems like the best for day+ energy storage with batteries for hourly storage.
The round trip efficiency of hydrogen is indeed bad, but for long term storage that's is overwhelmed by the much lower cost of hydrogen storage capacity, vs. batteries.
Can I take this to mean you don't know where to find reliable numbers on this?
Per-kW cost of electrolysers is already 1/2 of the total per-kW cost given there in the 2030 assumptions (but that may include other equipment).
Cost of storage caverns is well known from natural gas, as little as $1/kWh of capacity. Cost of combined cycle plants to convert the hydrogen back to power is also well known, as these will be nearly identical to natural gas fired CC plants (just the details of the combustors will change.)
You'd be way better off spending that money on nuclear (including accident cleanup) and healthcare.
Calculated total cost when I did it would have tripled UK electricity prices.
Pure French nuclear, on the other hand, resulted in a mere 30% increase in electricity prices.
Now input Flamanville 3 costs for your buildout.
https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan...
And yet even with that you're getting 400 billion kWh over its 40 year lifespan for €13 billion construction costs (multiply by 1.5 for lifetime costs), for electricity production price of €0.05 per kWh. Which is honestly decent.
Btw: did you actually do the calculation before posting?
Do you even listen to yourself?