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Canada to Build 40MW Solar Power Plant
IceDiver writes "According to an article in the Toronto Star, an Ontario company has been given approval to build a 40MW solar power plant near Sarnia in Southwestern Ontario. This is enough power for about 10,000 homes. The plant will cover 365 hectares (1.4 sq. miles) and is to be operational by 2010. OptiSolar, the company building the plant, claims to have developed a way to mass produce the solar panels at a dramatically reduced cost, making the plant competitive with other forms of power generation. 'Compared to coal, nuclear power, even wind, solar's squeaky-clean image comes at a high price. OptiSolar is selling the electricity to the province under its new standard offer program, which pays a premium for electricity that comes from small-scale renewable projects. In the case of wind, it's 11 cents per kilowatt-hour. Solar fetches 42 cents per kilowatt hour, nearly four times as much.'"
Building a solar-panel power station is "cool", "neat", and "oh, so hip". However, it makes no economic sense. Solar power is about 3x the cost of the most expensive nuclear power.
Nuclear power is the way to go.
Ok, its not quite as simple as that.
Nuclear power by standard technology requires enrichment. Thats because they require a much higher percentage of U235 in order to sustain a reaction than occurs naturally.
U235 is only 0.7% of uranium (as it has a half life about one tenth of U238). You need 4% or more to do a conventional nuclear reactor.
Enrichment also means throwing away a lot of U238, which will never be used in a conventional reactor.
Now we can use U238 in a breeder reactor (and Thorium, which converts to U233). But if you do that, its a whole different technology, and the costs aren't as clear cut.
If you were to try and run the world on conventional reactors, the supply of uranium would last us 20 years or so. If you can use breeders, you will get maybe a 100 years (depends how much we use). If you add in thorium, several hundred years.
So the only price that is relevant is the breeder reactor price of electricity. Because there isn't enough U235 in the world to really get serious about using it this way.
Breeder reactor technology is real, we can do it. Its a bit more expensive, but will no doubt get cheaper with use. Guess what? So will solar power.
And, at the risk of being doom and gloom, guess which one will still be plentiful in the year 3000? There is a finite amount of fissile material on the planet. The sun should be good for about 500 million years or so, as opposed to 500 years.
I know that there are energy storage issues for baseload, but there are solutions such as solar towers. And open battery storage.
I'm not opposed to nuclear power, but in the longer run, its also a stop gap for solar energy (including wind & hydro as being solar in origin), geothermal and tidal energy. So that is where we need to spend the big dollars.
My 2c worth.
Michael
There is no cryptographic solution to the problem where the intended receiver and the attacker are the same entity.
Nanticoke Power Plant is a 3.92GW plant with what appears to be a 70% load factor.
In other words, even a hundred of these plants, with a combined cost of $30 billion dollars, wouldn't be able to replace Nanticoke. Meanwhile 4 Gigawatt nuclear reactors would cost ~4-8 Billion dollars and eliminate the need for nanticoke, complete with around a 30% increase in available power.
Projects like this one will create jobs, which is a net increase for the Province when it comes to overall tax collections.
Projects like this make sense if they increase economic activity, but building any kind of new power plant would do the same, and cheap power would help attract more new business than expensive power. Being miserly is the best way to increase business in many ways - providing the most services for the dollar.
I agree with you on the idea of eliminating pollution, just on the how.
Why start bitching about it just because in this case it's a green technology subsidy
Because it costs around 8 times as much as other clean technology? And people complain about Haliburton*.
*Not because I like fraud, but I also dislike waste. Rather than using this to 'spur' development, they'd be better off investing half directly into solar development and the other half building a few new nuclear reactors.
I don't read AC A human right