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Ukrainian military officer coordinated Nord Stream pipeline attack
(www.washingtonpost.com)
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this post was submitted on 13 Nov 2023
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You absolutely made a mistake scrapping nuclear power. They're highly economical and could bankrupt the entire energy sector. They produce power at like $5-15/kwhr
Nuclear isn't just about cost. It provides excellent baseline load power, which most low carbon sources just can't provide.
Vogtle ended up at roughly $13,000/kW. On shore wind globally is averaging roughly $1,300/kW. Grid-scale batteries are running roughly $3,000/kW, then add in for how much ride-through you expect to need.
Depending on local conditions, you can build out 10x as much wind capacity as you need, or various combinations of wind + solar+ batteries and still end up less expensive and with a faster deployment time than nuclear.
An interesting take on why the nuclear industry stalled. A big picture approach however it says it is not an area for engineering innovation and big is better if you want an economic industry. https://cleantechnica.com/2023/11/06/nuclear-energy-free-market-capitalism-arent-compatible/
Lol, no. Électricité de France is being re-nationalized by the French government due to their terrible financials. Areva/Framatome needed cash injections to avoid creditor protection. Westinghouse did have to file for creditor protection and almost took down parent company Toshiba, but they were sold off at a loss to a private equity firm.
Nuclear only looks good on an operational basis. Once you add in construction and refurbishment/decommissioning costs, it looks far worse.