• 6 Posts
  • 19 Comments
Joined 1 year ago
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Cake day: August 1st, 2023

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  • Counterpoint to your counterpoint: Due to renewables becoming cheaper and cheaper, private investment is pumping in capital en masse because the economics work out on their own. There is less and less room for government policy to set the direction. The market will decide.

    I honestly don’t know how a nuclear power plant could be anywhere near profitable when 30% of the time we have negative power prices due to rooftop solar. Batteries are already edging out gas plants on a LCOE basis, and they’re getting cheaper by the day.

    By the time the Liberals get in and try to implement their nuclear fever dream, there will be no cheaper form of energy than distributed solar + batteries and no sane financier will back anything else.