1692
oh no! think of the stock market!
(lemmy.world)
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But this basically is the reason why no one wants to build a nuclear plant. Such a power plant will basically run at a massive loss during high solar and wind energy supply. A nuclear reactor takes a long time to shutdown once the reaction has started. So it can’t dynamically scale the production based on market demands. A nuclear power plant cost at least $8 billion and 8 years to build and needs to be operating for 50 years to see a return on investment. But during those 50 years wind, solar and battery tech will obviously advance as well. It’s basically a given that a nuclear power plant is never going to make the investment back. Hence why no one wants to build one. And therefore the government should do it.
Uhm, the baseload myth? Build a 100 buffers (be it battery or lakes or heat) for the money one nuclear plant costs. Like you said.
What the fuck do you mean by "base load myth"? Lol
https://energycentral.com/c/gr/three-myths-about-%E2%80%9Cbaseload%E2%80%9D-renewable-energy-and-grid-reliability
https://theconversation.com/baseload-power-is-a-myth-even-intermittent-renewables-will-work-13210
Lol the first link mostly squabbles over definitions, and argues for natural gas.
The second link relies on simulations and required specific blends of several renewable sources to get rid of the need for a baseload source, which is not a broadly applicable solution. Not every location can have 50% wind supplying power (fucking lol) and they STILL required natural gas to ramp up supply.