Even the link itself mentions how it’s not really a good metric to use as it doesn’t factor in whole lot of externalities. I.e coal is cheaper, but when it creates air pollution that shortens your lifespan, is it worth the tradeoff? Nor does it factor in things like energy density: a nuclear power plant is far smaller than the amount of land needed to put up enough wind turbines to match its output.
Basically… LCOE looks like a neat gotcha, right up until you look past that first diagram.
Its expensive to build new bespoke massive, built on site reactors. I’m not arguing for more of them I’m saying lets run them for their full service lives as they were so expensive to produce. However if we are discussing new installations i’d love to start making a lot of small modular light water reactors in factory conditions. Economies of scale.
Nuclear is not cheap.
https://en.m.wikipedia.org/wiki/Levelized_cost_of_electricity
Even the link itself mentions how it’s not really a good metric to use as it doesn’t factor in whole lot of externalities. I.e coal is cheaper, but when it creates air pollution that shortens your lifespan, is it worth the tradeoff? Nor does it factor in things like energy density: a nuclear power plant is far smaller than the amount of land needed to put up enough wind turbines to match its output.
Basically… LCOE looks like a neat gotcha, right up until you look past that first diagram.
https://www.mackinac.org/blog/2022/nuclear-wasted-why-the-cost-of-nuclear-energy-is-misunderstood
Its expensive to build new bespoke massive, built on site reactors. I’m not arguing for more of them I’m saying lets run them for their full service lives as they were so expensive to produce. However if we are discussing new installations i’d love to start making a lot of small modular light water reactors in factory conditions. Economies of scale.
Its cheaper than climate change.