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Semi-Hemi-Demigod , 10 months ago (edited 10 months ago) Considering nuclear plants consistently go tremendously over budget, budget that could be used on renewables, and how quickly renewables are improving, I would take that bet in a heartbeat. For reference, here's a graph comparing the cost per megawatt hour over cost per installed capacity from 2010-2019. Solar is now 1/5th what it was 10 years ago, onshore wind is half, and offshore wind is down by 25%. The cost of nuclear power in that time has increased by more than 50%. I would much rather invest in something that's showing improvements in cost and technology than Cold War white elephants.
Considering nuclear plants consistently go tremendously over budget, budget that could be used on renewables, and how quickly renewables are improving, I would take that bet in a heartbeat.
For reference, here's a graph comparing the cost per megawatt hour over cost per installed capacity from 2010-2019. Solar is now 1/5th what it was 10 years ago, onshore wind is half, and offshore wind is down by 25%.
The cost of nuclear power in that time has increased by more than 50%.
I would much rather invest in something that's showing improvements in cost and technology than Cold War white elephants.