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One Reason I Don't Like Nuclear Energy


"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

Comments

  • Coastalwatch
    Coastalwatch Posts: 3,563 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    edited 11 March 2021 at 8:16PM
    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.
  • NigeWick
    NigeWick Posts: 2,725 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    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!
    Obviously, this is the American case but I'll wager it will be similar everywhere. I've been following what Tony Seba has to say and he's been spot on so far.
    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 Holmes
  • EVandPV
    EVandPV Posts: 2,112 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    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 Go
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