The world is waking up from a long stupid slumber...

[Finishline42]

32. What DQIIIIIIII totally ignores is that the cost of electricity isn't a constant...

His number one decision point is the 2nd Law of Thermodynamics followed by nuclear energy has the highest energy to mass ratio of any form of energy.

But the utility companies work on the cost of electricity at a given point in time. Which is why they are buying every Megapack they can get their hands on. Which is why Hydro Storage and HVDC makes sense. Which is why they buy the output from wind and solar farms.

BTW, I am not anti-nuke. I think we should keep every current operational nuke plant going for as long as practical.

But the fact is, we aren't building 85 new nuclear reactors to double the current 19% contribution to our electrical grid that nuclear makes. The reason is simple economics. A new reactor takes 10 years to build (costs with no income) and once operational it takes decades to pay for their costs. And during those at least 3 decades wind, solar and energy storage will continue to get cheaper.

The two reactors in South Carolina were stopped half way thru construction because the ratepayers refused to pay for them and the utility didn't see the demand. That's not going to change anytime soon.