Comment by jakebol
6 hours ago
I don't see why necessarily, they are in the same ballpark LCOE cost wise. The advantage of enhanced geothermal is that you can potentially build it relatively quickly but that is more a policy choice.
6 hours ago
I don't see why necessarily, they are in the same ballpark LCOE cost wise. The advantage of enhanced geothermal is that you can potentially build it relatively quickly but that is more a policy choice.
The other advantage is political feasibility. Rational or not, people freak out the moment they hear the word "nuclear". Whether people should be this way is irrelevant if your goal is to have a project that succeeds. What's relevant is that they are.
One should be careful to not equate LCOE from demonstrated construction costs, vs. LCOE from projected construction costs in sales presentations.
I don't think when all is said and done SMRs will be anywhere close to the cost of energy from this kind of geothermal.