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One Reason I Don't Like Nuclear Energy

NigeWick
Posts: 2,725 Forumite




"analysts and others have issued inaccurate estimates of the levelized costs of electricity (LCOE) for coal, natural gas and hydro power plants which are used to direct trillions in investment, creating a growing global financial bubble around conventional power plants with dynamics that are similar to the subprime mortgage housing bubble that led to the Great Recession."
I borrowed this from the latest Tony Seba information package. Coal is already nearly dead, gas isn't far behind and even hydro power is allegedly (I believe him) going to be affected by falling wind, solar and storage costs.
What the graph is saying is that the estimated output for conventional energy generation by TPTB is constant. The actual output is shown to be going down and will continue to do so.
What do you people think?
The mind of the bigot is like the pupil of the eye; the more light you pour upon it, the more it will contract.
Oliver Wendell Holmes
Oliver Wendell Holmes
4
Comments
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That's a damning case for Nuclear going forward if it proves to be correct. Presumably the figures upto 2020 can be referenced somewhere, while I'd love to know what the figures beyond are based upon?Could prove mighty helpful in resisting new builds of nuclear around the country!East coast, lat 51.97. 8.26kw SSE, 23° pitch + 0.59kw WSW vertical. Nissan Leaf plus Zappi charger and 2 x ASHP's. Givenergy 8.2 & 9.5 kWh batts, 2 x 3 kW ac inverters. Indra V2H . CoCharger Host, Interest in Ripple Energy & Abundance.0
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Coastalwatch said:That's a damning case for Nuclear going forward if it proves to be correct. Presumably the figures upto 2020 can be referenced somewhere, while I'd love to know what the figures beyond are based upon?Could prove mighty helpful in resisting new builds of nuclear around the country!
https://www.youtube.com/watch?v=udJJ7n_Ryjg&ab_channel=RethinkX
The mind of the bigot is like the pupil of the eye; the more light you pour upon it, the more it will contract.
Oliver Wendell Holmes3 -
Another interesting graphic showing the evolution of nuclear power over the past 10 years or so:-
Nuclear generated 97 TWh more in 2019 than 2009. Non-hydro renewables generated 2169 TWh more (more than 22 times as much!). Unfortunately gas and coal increased by nearly as much. For comparison the UK's electricity supply was about 262 TWh in 2019.
Nuclear is simply too expensive, too slow to build and too financially risky (high risk of major delays or cost overruns causing unwillingness of banks etc to lend for its construction, or demanding excessive interest rates).Solar install June 2022, Bath
4.8 kW array, Growatt SPH5000 inverter, 1x Seplos Mason 280L V3 battery 15.2 kWh.
SSW roof. ~22° pitch, BISF house. 12 x 400W Hyundai panels5 -
Here's another reason.
(Excellent tv series btw, if anyone hasn't yet seen it.)https://youtu.be/s9APLXM9Ei8
Scott in Fife, 2.9kwp pv SSW facing, 2.7kw Fronius inverter installed Jan 2012 - 14.3kwh Seplos Mason battery storage with Lux ac controller - Renault Zoe 40kwh, Corsa-e 50kwh, Zappi EV charger and Octopus Go2
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