Pumped hydro storage was better, if you have the water resources and elevation change nearby. Lots of places don’t.
Specs: 300MWe, nominally $1B first-of-a-kind build cost and $675M next-of-a-kind build cost. Runtime between fuel changes is 18-24 months.
--
On the battery side I was looking at the Tesla Megapack 2 XL, since our neighbouring province has a bit of capacity installed.
Specs: 979kW output per pack, 3.9MWh capacity. For 300MW output capacity we need 306 units => $425M. The total capacity from fully-charged to fully-discharged is 1193MWh. Total time from full-charge to full-discharge: 3.9h.
In the middle of winter we have 8h of daylight and 16h of night/twilight. To provide 300MW overnight on a calm day we need 4.02x the storage capacity (16h runtime/3.9h discharge). That gives us 1231 units for a total cost of $1.7B.
--
Yes, the nuclear plant will be more expensive to run (trained staff, security, disposal, etc). On the other hand, the $1.7B cost doesn't include any of the devices that would actually be charging the battery packs either.
We do often get cloudy days and calm days here as well. Saturday, for example, we actually had pretty good wind performance but negligible solar performance: https://twitter.com/SkElectricity/status/1762085119576125812.... A week ago we had both dark and calm: https://twitter.com/SkElectricity/status/1760635567136452664.... These plots are summed across the entire grid in our province, so the commonly stated "well it's never calm everywhere" isn't really valid.
https://english.hani.co.kr/arti/english_edition/e_national/8... talks about the Shin Kori 3 and 4 reactors (brought online in 2016 and 2019) costing $6.4B USD for the pair (after a 32% cost overrun), if I'm reading correctly. Those ones are 1416MW and 1418MW, or $2258/kW which is right in line with GE's estimate of a next-of-a-kind SMR build (spec sheet says $2250/kW)
So compared to EPR, we could spend another 10M per MW for production…. I saw a relatively conservative price of 2000$/kw AC at https://atb.nrel.gov/electricity/2023/utility-scale_pv
That’s 2M per MW. We can spend 10, an over capacity of 5x ! And that is not accounting for the price of money, it takes very long time to build a nuclear power plant, and you will have your PV plant in the year, probably a couple for mega pack due to demand.
To me, nuclear is not the future.
The magazines will be full at times, but when they are not, it should be possible to just pump the water back up again and thereby store excess wind and solar power.
I live in Sweden, and yeah, flooding large amounts of new land will be impossible by now.
The indigenous (Sami) people will say no and file lawsuits. And rightly so, they just didn't had that option 100 years ago.
But there is an abundance of existing magazines that can be used this way. They are full around November but after that they start to drain.