Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
$60k per MW or $210M for a nuclear reactors worth (3.5GW). Sure… the reactor will go 24/7 (between maintenance and refuelling down times, and will use less land (1.75km² Vs ~40km²) but at 1% of the cost, why are we still talking about nuclear.
(I’m using the UKs Hinckley Point C power station as reference)
Because there are nights there are winters there are cloudy and rainy days, and there are no batteries capable of balancing all of these issues. Also when you account for those batteries the cost is going to shift a bit. So we need to invest in nuclear and renewables and batteries. So we can start getting rid of coal and gas plants.
You better be bringing units if you’re going to be claiming this.
Still less than half of the LCOE of nuclear when storage is added: https://www.statista.com/statistics/1475611/global-levelized-cost-of-energy-components-by-technology/
Given that both solar and storage costs are trending downwards while nuclear is not, this basically kills any argument for nuclear in the future. It’s not viable on its face - renewables + storage is the definitive future.
And cheaper solar and batteries permits cheaper Hydrogen which provides unlimited and 100% resilient renewable power, and still cheaper than nuclear.
I have a generally negative impression of hydrogen because many of the intended use-cases seem to be a cover story for the gas industry to keep existing, which it very much should not be any more.
Do you know any use-cases where hydrogen is truly warranted, outside for example steel production, which I think might be legit?
The case for an H2 economy is one entirely based on Green H2 made from surplus renewables which are needed most days to have enough renewable energy every day.
That gas companies know how to build pipelines, distribution, and make metered gas sales to customers is a path for them/employees to remain useful without destroying the planet.
Commercial vehicles has legitimate benefits of lower cost from H2 FCs than batteries. Quicker refuel times. Aviation especially benefits from redesigning planes for H2 for the weight savings. Trains/ships need the power/range. Trucks/cars can use the range extension, and could use H2 as removable auxiliary power for extended range.
Those vehicles can also charge the grid, and as hybrids, EVs or grid can be charged from static H2 FCs. For building energy, a FC can provide the usual fraction of domestic hot water from its waste heat. The electric monopoly problem is an opportunity for both producers and consumers to bypass their high rates and fees. Ammonia and fertilizer is traditional use for H2. There needs to be a carbon tax to move away from giant fosil H2 plants powering next door giant ammonia/fertilizer plants.
Hydrogen electrolysis is just one form of electro chemistry. Other fertilizers can be made from simpler versions of the process. It’s not so much that H2 is essential in unlimited quantities, it is that electro chemistry is possible ultra cheaply when there is an abundance of renewables that provides enough energy every day to power their locality. H2 is special as a chemical for being transportable/convertable as mobile or other elecricity/heat.
You’re using factors of less than 10 to argue against a factor of 100.
But Germany has no space for nuclear waste. They haven’t been able to bury the last batch for over 30 years. And the one that they buried most recently began to leak radioactivity into ground water.
And… why give Russia more military target opportunities?
If France can find space, surely Germany can.
If Finland could find space, Germany definitely can.
Idk, Finland has a much lower population density vs Germany. France is something like 1/2 the population density, but they also have >50 reactors, so surely Germany can find room for a few…
I’m not a rabid anti-nuclear, but there are somethings that are often left out of the pricing. One is the exorbitant price of storage of spent fuel although I seem to remember that there is some nuclear tech that can use nuclear waste as at least part of it’s fuel (Molten salt? Pebble? maybe an expert can chime in). There is also the human greed factor. Fukushima happened because they built the walls to the highest recorded tsunami in the area, to save on concrete. A lot of civil engineering projects have a 150% overprovision over the worst case calculations. Fukushima? just for the worst case recorded, moronic corporate greed. The human factor tends to be the biggest danger here.
Those are less competitive, and salt reactor attempts have historically caused terminating corrosion problems. The SMR “promise” relies on switching extremely expensive/rare/dangerous plutonium level enriched fuel, that rely on traditional reactors for enrichment, for slightly lower capital costs.
A MW of solar averages out to about .2 MWh per hour. A MW of nuclear averages about .9 MWh per hour.
But even so as the UK does it, nuclear power isn’t worth it. France and China are better examples since they both picked a few designs and mass produced them.
China’s experience indicates you can mass produce nuclear relatively cheaply and quickly, having built 35 out of 57GW in the last decade, and another 88GW on the way, however it’s not nearly as quick to expand as solar, wind, and fossil fuels.
Maybe just use percentages instead of these weird units. 0.2 MHh per hour is just 0.2 MW, or 20%.
It seems easier to say solar produces an average of 20% of it’s peak capacity.
There is MW which is a unit of power and then there is MWh which is a unit of energy, but what is MW/h supposed to mean?
In many regions solar capacity factor is much higher than 20%; for example, the entire US. https://atb.nrel.gov/electricity/2021/utility-scale_pv
I think there’s a contingent of people who think nuclear is really, really cool. And it is cool. Splitting atoms to make power is undeniably awesome. That doesn’t make it sensible, though, and they don’t separate those two thoughts in their mind. Their solution is to double down on talking points designed for use against Greenpeace in the 90s rather than absorbing new information that changes the landscape.
And then there’s a second group that isn’t even trying to argue in good faith. They “support” nuclear knowing it won’t go anywhere because it keeps fossil fuels in place.
What isn’t sensible about nuclear? For context, I’m coming from the US in an area with lots of empty space (i.e. tons of place to store radioactive waste) and without much in the way of hydro (I’m in Utah, a mountainous, desert climate). We get plenty of sun as well as plenty of snow. Nuclear should provide power at night and throughout the winter, and since ~89% of homes are heated with natural gas, we only need higher electricity production in the summer when it’s hot, which is precisely what solar is great for.
So here’s my thought process:
If we had a nuclear plant in my area, we could replace our coal plants, as well as some of our natural gas plants. If we go with solar, I don’t think we have great options for electricity storage throughout the winter.
This is obviously different in the EU, but surely the nordic countries have similar problems as we do here, so why isn’t nuclear more prevalent there?
Because it makes no sense, environmentally or economically speaking. Nuclear is, as you said, base load. It can’t adjust for spikes in demand. So if there’s more energy in the grid than needed, it’s gonna be solar and wind that gets turned off to balance the grid. Investments in nuclear thus slow down the adoption of renewables.
Solar is orders of magnitude cheaper to build, while nuclear is one of the most expensive ways to generate electricity, even discounting the waste storage, which gets delegated the the public.
Battery technology has been making massive gains in scalability and cost in recent years. What we need is battery arrays to cover nighttime demand and spikes in production or demand, combined with a more adaptive industry that performs energy intensive tasks when it’s abundant. With countries that have large amounts of solar, it is already happening that during peak production, energy cost goes to zero (or even negative, as traded between utilities companies).
About the heating: gas can not stay the main way to heat homes, it’s yet another fossil fuel. What we need is heat pumps, which can have an efficiency of >300% (1kWh electricity gets turned into 3kWh of heat, by taking ambient heat from outside). Combined with large, well-insulated warm-water reservoirs, you can heat up more water than you need to higher temperature during times of electricity oversupply, and have more than enough to last you the night, without even involving batteries. Warm water is an amazing energy storage medium. Batteries cover electricity demand as well as a backup in case you need uncharacteristically much water. This is a system that’s slowly getting adopted in Europe, and it’s great. Much cheaper, and 100% clean.
You bring up heated water as a method of storage, and it reminds me of a neighborhood in Alberta, Canada that uses geothermal + solar heated water storage for 52 homes. They’ve been able to successfully heat the entire neighborhood with only solar over the winter in 2015-2016 and have gotten > 90% solar heating in other years.
https://en.wikipedia.org/wiki/Drake_Landing_Solar_Community
There’s a huge number of new storage technologies being developed, and the fact that some even work on a seasonal basis for long term storage is amazing.
That’s pretty cool! Still seems to have some issues, but as the technology matures, that seems like a promising technology. I didn’t know seasonal warm water storage was a thing
I absolutely agree. My support for nuclear is not instead of renewables, but in addition to it. Nuclear is a proven technology, and at least in the US, we have a lot of space where we can store waste relatively inexpensively (nobody’s going to care about a massive landfill in Nevada).
The problem with going for 100% renewables is that I don’t think we can really keep up with battery production, and if we push for dramatically increasing our energy storage capacity (whether that’s chemical batteries, pumped hydro, etc), it’s going to cost a ton to transition. Solar is cheaper than nuclear, but solar + battery backup currently is not, especially if it needs to run over the winter when solar generation is much lower.
I’m not saying we should stop installing battery-backed solar projects, but that we should add nuclear to the list. Our electricity demand will only continue to increase, so we need multiple solutions to replace coal and eventually natural gas. One of the major cost and time limitations for nuclear is construction, and that’s because we don’t build many of them. If we line up multiple plant projects at the same time, we can make better use of our engineering resources (it’s a lot easier to build 10 of something back to back than 10 of something months or years apart), which will make nuclear more attractive compared to other options.
Agreed, and I’ve actually been looking into heat pumps for my own home. I already have an external AC unit, so theoretically the transition shouldn’t be that hard (air ducts already exist).
The problem is that, in my area, winters get pretty cold, and heat pumps are a lot less efficient at heating when it’s cold. The solution is to dig a deep hole to bury the heat exchangers so they get a more consistent temperature to maintain efficiency, and that’s a really expensive project for existing structures (not bad for new construction). The transition to heat pumps is going to be very slow because of that large upfront cost/poor efficiency in winter.
Even if this wasn’t an issue, there’s still the massive problem of existing electricity production (in my area) being fueled by coal and natural gas. If I switch to a heat pump, I may be polluting more than if I stuck with gas (it’s pretty close last I checked). My state (ignoring transportation) gets something like 1/3 of its energy from coal, about half from natural gas, and most of the rest comes from solar (and a little from wind). We need something to handle that base load supply, and installing batteries is going to be expensive (esp. since hydro isn’t really an option in our desert) and probably take many years regardless. Nuclear can be built today, and in my area, it can be built on the other side of a mountain range from the bulk of the population.
I doubt we have enough water here in the desert to handle that. We already have problems with our existing inconsistent water supply for regular users, locking up even more water is going to be a really tough sell.
We also should consider HVDC lines. The longest one right now is in Brazil, and it’s 1300 miles long. With that kind of range, wind in Nebraska can power New York, solar in Arizona can power Chicago, and hydro all around the Mississippi river basin can store it all. We may have enough pumped hydro already that we might not even need batteries, provided we can hook it all up.
HVDC is much more expensive than Hydrogen pipelines, which doubles as storage and transmission, and can provide continent wide resilience, even when local renewables provide much cheaper power when it is available than either long distance electric or H2 power.
The studies on hydrogen pipelines tends to assume there’s some existing reservoir of hydrogen. Making hydrogen in a green way is expensive, and that completely ruins its economic viability.
You have to have some base load it can’t be all renewable because renewables just aren’t reliable enough. The only way to get 100% reliability from solar for example would be to build a ring of panels around the equator (type 1 civilization stuff).
Of all the options for base load, nuclear is the least worst, at least until we can get Fusion online, but you know that’s always 20 years away.
We can’t manufacture and install enough solar farms and storage to get us off of fossil fuel within 20 years and more importantly available investment capital isn’t the limiting factor.
Investments in nuclear power are not taking money away from investments in solar.
We can do both, and it gets us off fossil fuels sooner.
This is interesting. Why do you think that?
I would disagree, because is see investment capital as finite. There are only so many investors able to operate at infrastructure scales. And therefore I see nuclear’s true cost as opportunity cost.