One Reason I Don't Like Nuclear Energy

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"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
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Oliver Wendell Holmes
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).
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