this post was submitted on 22 Aug 2023
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New research shows renewables are more profitable than nuclear power (www.pv-magazine.com)
submitted 1 year ago by [email protected] to c/[email protected]
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New research shows renewables are more profitable than nuclear power::In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.

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[–] [email protected] 0 points 1 year ago (1 children)

Profit is not really the way to ascribe value to a method of power production. Otherwise continuing the use of fossil fuels would be the "best" course of action.

[–] [email protected] 0 points 1 year ago (1 children)

Given that most countries have a capitalistic, private energy sector, profit may not be the best metric but it's the only one that matters.

The nuclear bros never seem to understand this though. If nuclear energy made any sense from a financial standpoint, we'd be building a ton of reactors but it doesn't. With renewables and storage getting cheaper and new nuclear getting even more expensive, we're not going to see much more new nuclear.

[–] [email protected] 0 points 1 year ago (1 children)

What do is your solution to baseline power generation?

[–] [email protected] 0 points 1 year ago (1 children)

It's base load, not baseline and it's arguable that it's not necessary: https://cleantechnica.com/2022/06/28/we-dont-need-base-load-power/

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

Large scale energy storage isn't there yet (afaik, please link otherwise), and adjusting demand with scalable hydrogen production isn't there either. Meanwhile, France's nuclear plants can adjust their output by 900MW in 30 minutes to mitigate increased demand or reduced supply due to weather.

[–] [email protected] 0 points 1 year ago

Did you read the article?