Comment by pydry

2 days ago

Lazard says utility solar and onshore wind is ~$40 per MWh while nuclear power is ~$200.

Offshore wind is more like $70, but also has double the capacity factor, so requires less matching storage.

We've been told for about 3 decades that any day soon microreactors/thorium/fusion will lead to cheaper, safer nuclear power and no doubt for the next 3 decades some people will continue to believe.

I'm seeing those numbers, but as the low end (without storage) for solar and at the high end for nuclear... so not a reasonable comparison. Not sure where you're looking, but from here your numbers are way off base.

To be more concrete: the first chart from this report[1] is showing "Solar PV + Storage—Utility" at $50-130 (mid-range: $90) and "U.S. Nuclear" at $141-220 (mid-range: $180).

I don't think we've had serious capitalized work on micro-reactors for 3 decades, it's a much more recent phenomenon. And China (who is massively outperforming the US in solar deployment) is also deploying Thorium reactors. Kinda strange for them to do that since they're so good at solar and nuclear is such a lost cause, esp since Thorium reactors are generally worse for the military/weapons case (which you claim is the only reason nuclear energy programs exist).

[1] https://www.lazard.com/media/uounhon4/lazards-lcoeplus-june-...