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boshomi | 3 months ago

Base load becomes very expensive under free and fair market conditions. The reason is simple: wind and PV are extremely cheap, and surplus capacity costs little. PV module price in EU is just 0.086 UDS/W fob. Wind turbine price in China ~2200Yuan/kW inclusive tower.

In a free market, this leads to attractive conditions for batteries, and that is where the problem of base load begins: there is a lack of real demand, and base load then remains unused because its OPEX cannot compete with wind and PV.

There's just one problem. There is virtually no free and fair market in the electricity market. Utilities lobby very successfully for highly regulated markets to protect their monopolies. Nuclear power requires massive government protection from competition, which makes it attractive to utilities.

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tbrownaw|3 months ago

This is a prediction of the future, not an observation about the present / past like it's phrased as.

hinkley|3 months ago

We are already cresting that hill. It’s happening now. It’s not happening everywhere, but it’s already happening.

fellowmartian|3 months ago

Nuclear is attractive? Are we living on the same planet? I wish it was attractive but it’s quite obviously the opposite.

tomrod|3 months ago

If you assume nuclear is only a 3 Mile Island waiting to happen, you're out of date.