Renewable Energy is Killing Nuclear Power No Hope for Nuclear

[FBaggins]

7. Really?

Last edited Fri Jul 24, 2015, 08:59 PM - Edit history (1)

That is just one of the findings of a new independent report...

Anti-nuclear activist Mycle Snyder is now an independent source?

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Who knew that nuclear power was so cheap and renewables so expensive?

Scores of reactors under construction for less than $25 Billion per year? Amazing.

no single Generation III reactor has come into service in the past 20 years.

Really? I can think of four in Japan (two in 1996, one in 2005, and one in 2006), a few in China and Russia, and a couple in Russia that have either started or will in the next few months. It's also a pretty disingenuous claim... since they well know that there are quite a few Gen III and III+ due to come online in the next few years.

China, which leads the world in new nuclear builds, spent about $9 billion in 2014, but invested more than $83 billion on wind and solar in the same year.

China produced about 140 Billion kWh of wind generation in 2014. Who knew that wind was so expensive? Note that the sixth reactor at Hongyanhe poured first concrete yesterday (and fuel is about to be loaded into the 4th). When all six are completed, they'll produce about 1/3rd as much electricity per year and all of the Chinese wind generation in 2014 combined. One plant... and they have lots of them planned

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According to the report, China spent $40 billion of that on solar... installing somewhere between 10.6 and 12 GW of solar capacity. ~$3.5billion per GW of solar capacity? What happened to solar being cheaper than nuclear power?

China has more than ~25 reactors under construction and plans to continue starts at the rate of ~6/year... They expect to start eight new units this year and bring 14GW of new nuclear generation into service this year and next. Yet they can handle that for only $9 billion per year? Who knew that nuclear was so cheap?

Or maybe Mycle is just playing dishonest games with the numbers... again.