Chernobyl was estimated at 50 billion+ adjusted.
Accidents are rare but they are costly.
318 karma · joined November 26, 2022
Chernobyl was estimated at 50 billion+ adjusted.
Accidents are rare but they are costly.
As a small example of how renewables can change I would examine wind power in the UK.
https://www.theecoexperts.co.uk/solar-panels/biggest-solar-f...
A similar project is being constructed in the Southwest United States:
https://news.ycombinator.com/item?id=38801943
3,500 MW of wind+ HVDC transmission for 11 billion dollars.
We’re likely to see another halving of battery costs within the next decade which will shift the economics further.
Now compare to batteries. There are thousands of companies working on new technology development.
It’s just a matter of brain power and capital working on the problems.
I don’t see a viable path forward for Nuclear at the current costs and with how dramatic the rise of renewables and battery storage is increasing.
[1] 413 million dollars for 800,000 kWh = $516.25/kWh installed price.
https://carboncredits.com/tesla-413m-megapacks-revolutionize...
https://cleantechnica.com/2023/12/28/scatecs-540mw-pv-1140mw...
With enough storage and onsite renewables you can mimic the stable baseload that Nuclear provides.
Great for turning renewables into baseload power and also their response time is hard to beat.
The Tesla megapack price is about 300 million dollars per 1GWh of storage these days.
The largest battery maker CATL is making breakthrough leaps in LFP batteries (which have no cobalt). [1]
Recycling large EV batteries is becoming cheaper and easier. [2]
Are the EV FUDsters heads exploding yet?
Weight/rolling resistance would be second so battery gravimetric density and better tires is the next thing to improve. We can probably get small sedans slightly under 200Wh/mi or 5 miles for every kWh.
https://electrek.co/2020/07/30/tesla-batteries-energy-densit...
An M3 extreme which is 2 or even 4 M3 ultras sounds like it might be doable. M3 is already going to be a huge performence step because it’s a new process though.