Pivoting to cost of renewables
Solid planning estimate is $1/watt installed.
It's actually kinda hard to pin down a good number here, the renewable world is moving fast. Offshore wind is a bit pricier but dropping fast, onshore wind and solar are in that range, and the powers that be are now openly musing on over the horizon possibility of ultra low cost electricity driven by solar installs at $0.3 (30 cents!) a watt installed.
Let's run with $1/watt.
So matching the faceplate capacity of our reference nuclear plant is $1B.
Renewables have intermittency to deal with, and in the case of solar that pesky nighttime daytime thing, so we'll need to spend more to genuinely match.
The go to combination option is more generating capacity plus a battery. Let's run those numbers.
3/n
offbyone
npub176…58mj0
2024-11-04 20:24:26 UTC
in reply to nevent1q…d6un
Author Public Key
npub1760638y2k7lmuyq0gayznlq0r9ue04hrjvlpghtm9tnxt7pm7unqa58mj0Seen on
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2024-11-04 20:24:26 UTCEvent JSON
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"content": "Pivoting to cost of renewables \n\nSolid planning estimate is $1/watt installed. \n\nIt's actually kinda hard to pin down a good number here, the renewable world is moving fast. Offshore wind is a bit pricier but dropping fast, onshore wind and solar are in that range, and the powers that be are now openly musing on over the horizon possibility of ultra low cost electricity driven by solar installs at $0.3 (30 cents!) a watt installed.\n\nLet's run with $1/watt.\n\nSo matching the faceplate capacity of our reference nuclear plant is $1B.\n\nRenewables have intermittency to deal with, and in the case of solar that pesky nighttime daytime thing, so we'll need to spend more to genuinely match.\n\nThe go to combination option is more generating capacity plus a battery. Let's run those numbers.\n\n3/n",
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