Nuclear and renewables compete for the same slice of the grid. The cheapest most inflexible where all other power generation has to adapt to their demands. They are fundamentally incompatible.
For every passing year more existing reactors will spend more time turned off because the power they produce is too expensive.
Let alone insanely expensive new builds.
https://markets.businessinsider.com/news/commodities/energy-...
Batteries are here now, and delivering nuclear scale energy day in and day out in California.
No one will want anything from your desalination plant in Norway, and shipping water is not a thing because it becomes too expensive.
The next problem is energy cost vs. duty cycle. The less you run due to only utilizing cheap prices the higher the impact of fixed costs on your business.
Except for a significant portion of the GDP of Fiji
There is a very small amount of people working on low-capital industries (normally with higher operational costs), and they seem to be close to some gain here or there. But almost all of our knowledge is biased against turning things off.
that's the bit I don't quite understand - yes, in a simple economic model where you want the numbers to go brrr, it makes sense, but is there a physical limit? could a country decide to own the big facility and use the excess electricity and sell the results to commercial ventures? the government can afford to have a piece of land taken that doesn't return a profit 100% of the time?
Additionally, California is ideal for solar panels, but I assume you haven’t put even an ounce of thought into how New York or Chicago will handle it, have you?
This will reduce the effective load factor of nuclear power and therefore increase its production cost (it is only profitable with a high load factor), with a strong feedback.
It gets worse because, on the technical level and despite some progress, nuclear power cannot (due to technical limitation and for safety-related reasons) adjust its production ("load following") to always exactly match demand.
This will promote the deployment of an RE system based on a continental a mix (wind, solar, etc.), smart grid, clean backup (green hydrogen), storage, etc. which will reduce the variability of its production (intermittency effect) so nuclear power will be less and less useful and more and more expensive.
The effect on nuclear is easy to predict.
I believe both have their uses, but I don't buy they go together well.
> That’s why you have a blend of renewables. Yes, we then have to build wind turbines, plenty of under-utilised transmission (because wind is in the wrong place), methane CCGT/OCGT backup (and they need to receive capacity payments to keep them in business) and perhaps eventually electrolysers to convert excess electricity to H2 (which then have to operate at low utilisation). The overall system seems quite complicated and more complex than the first step of deploying cheap solar panels so save a bit of methane.