Nuclear Energy Now More Expensive Than Solar
js_sebastian writes "According to an article on the New York Times, a historical cross-over has occurred because of the declining costs of solar vs. the increasing costs of nuclear energy: solar, hardly the cheapest of renewable technologies, is now cheaper than nuclear, at around 16 cents per kilowatt hour. Furthermore, the NY Times reports that financial markets will not finance the construction of nuclear power plants unless the risk of default (which is historically as high as 50 percent for the nuclear industry) is externalized to someone else through federal loan guarantees or ratepayer funding. The bottom line seems to be that nuclear is simply not competitive, and the push from the US government to subsidize it seems to be forcing the wrong choice on the market."
Except during nights.
Of course the same people would be arguing that oil and gas are the way to go.
Nuclear power offers the advantage of massive energy production on a small area of land, giving it a high W/skm rate. The ideal solution probably lies in the intelligent combination of several powering solutions depending on the zone type, energy demand and area coverage...
Yeah, and what about coal? Fossil fuels are still by far the cheapest ways of getting / storing energy. (I recommend reading "Physics for future presidents", which lists and explains the reasons for our "love" of oil/gas/coal).
I'm not arguing that we should use coal, but rather that a free market is inherently not (always) in line with protecting the environment. Sure, in the long run fossil fuels will become more expensive and "green energy" more affordable. But in the meantime, the government has to make sure that the industry doesn't destroy the environment. International treaties (Copenhagen, I'm looking at you) would have been a first step.
But in cold and rainy climates, especially when electricity is used when it's cold outside (as opposed to when it's hot outside), nuclear can be much better than solar.
Utter bunk. See http://atomicinsights.blogspot.com/2010/07/gullible-reporting-by-new-york-times-on.html
The plants in the US are ancient one-off designs. Small wonder they don't compare well.
TCAP-Abort
I'm sure that the amount of regulation in plant creation, "green" subsidies for solar and "politically correct" as opposed to "environmentally correct" disposal of waste serves to distort the true price of these sources.
Besides, anyone who has played sim city knows that nuclear is much cheaper.
"Fantastic for those who live in sunny states."
Yeah, it would be handy if there was some way of moving electricity from one place to another. Some sort of national grid service where power can be routed from the place it is being produced to the place it is required. I'm sure someone is working on something like that...
catch (HumourFailureException e) { e.user.send("You, sir, are a humourless idiot."); }
For cold climates, active solar water heating systems are a good alternative.
Read more here.
And by the way, in Germany on sunny days there is more electricity produced by photovoltaics than by nuclear reactors.
"It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
I just had a reactor fitted to the south side of my roof aswell!
That is true, however a worldwide power grid would be incrediblly expensive to install. Joining america to eurasia would require either long undersea runs or long runs through inhospitable places like sibera.
note: i'm known as plugwash most places but i screwd up registering that here somehow in the past and now can't register
Check out:
http://en.wikipedia.org/wiki/List_of_solar_thermal_power_stations
http://en.wikipedia.org/wiki/List_of_nuclear_power_stations
Now considering that one nuclear power station usually generates 1 to 5 GIGAwatts, and these generate in the order of TENS OF MEGAwatts, it is inconceivable to me how anyone can compare Solar to Nuclear.
Where is it cheaper? Cheaper than nuclear in the north of England, or just in the southern United States?
Hydro dams or wave power, possibly cheaper than nuclear near Manchester. Solar... not so much.
Andrew Oakley - www.aoakley.com
There are already power lines in Siberia. There are even oil pipelines there.
"It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
That is true, however a worldwide power grid would be incrediblly expensive to install. Joining america to eurasia would require either long undersea runs or long runs through inhospitable places like sibera.
If we keep up with global warming it might be tropical
Wow, you mean the world is not fair? And you say we need to explain this to you? I don't know if that is possible.
Nuclear + reprocessing = much less to protect. And there was a European study reported in TheRegister awhile back, if you were to cover most of the Sahara with photo, you might be able to light up Europe..for now. So could you please get started, then we'll see about covering the U.S. south with photo.
It factors in the subsidies for solar energy. Compares an absolute discount price of solar to the average of nuclear power, ignores the fact that nuclear energy is a constant supplier etc.
In short: sensational and bogus.
I think the rebuke mentioned earlier should be read as well: http://atomicinsights.blogspot.com/2010/07/gullible-reporting-by-new-york-times-on.html
If you're transmitting it from a place where it's summer to a place where it's winter, or from a place where it's noon to a place where it's midnight, you're going suffer pretty bad losses in those long long cables.
Unless you've invented a practical, economic room-temperature superconductor. In which case, send us a postcard from Stockholm. Sign it "smug asshole" - we'll know who it is.
Confucius say, "Find worm in apple - bad. Find half a worm - worse."
Now considering that one nuclear power station usually generates 1 to 5 GIGAwatts, and these generate in the order of TENS OF MEGAwatts, it is inconceivable to me how anyone can compare Solar to Nuclear.
You forgot to consider the costs of building and decommissioning the power plant. A solar plant can be built and operational in a couple of months (or a couple of days if small-scale), with decommissioning taking half that. A nuclear plant takes 3-5 years to build and several hundred years, if not thousands of years, to decomission.
You need to factor in the whole life of the project.
I still think nuclear wins, but it's not a trivial choice.
Andrew Oakley - www.aoakley.com
It's dead easy to kill fusion:
Explain to the Luddites about neutrinos. A fusion plant produces massive quantities of them that are free to radiate into the environment and no attempt is made to shield them. Not only that but there have been studies that show that neutrinos can transmute matter and therefore are a possible cause of cancer. No studies have been conducted about the effects of neutrinos on young children's development and so far all subjects exposed to neutrinos have later died or showed effects of cell degradation.
"The weirdest thing about a mind, is that every answer that you find, is the basis of a brand new cliche" -
Just because the follow-up costs of nuclear energy are consequently ignored in those calculations it has been so cheap so far. While the costs of the solar panels, installation, etc. is to be fully covered by the one installing it, the nuclear waste is handled by the government and so is the insurance.
Calculate the full costs, including recycling, insurance and the like and there is hardly any power source that's more expensive than nuclear energy.
Now considering that one nuclear power station usually generates 1 to 5 GIGAwatts, and these generate in the order of TENS OF MEGAwatts
The Mojave plant already produces over 300 megawatts, the plant in Spain produces 100 megawats, and there are plans for solar plants of half a gigawatt to about a gigawatt. The Topaz Solar Farm in central California is supposed to produce 550 megawatts, and cost around a billion, which is steep but pretty comparable to the skyrocketing price of nuclear power. It's a PV installation. Of course solar only works during the day, but that's when demand is by far at its peak (especially in central and southern California) and customers pay the highest prices.
Why does the plant capacity make a difference, anyhow? Cost seems like a much bigger issue than capacity. If you can build and operate ten 100 megawatt solar plants for the cost of building, operating and decommissioning one 1 gigawatt nuke plant (and insuring it for liability, and dealing with its waste), why not go with solar?
I think real advantage solar offers over nuclear though comes from photovoltaics, which are also just starting to become practical, especially in warm sunny climates where peak summertime power rates spike. I think subsidizing the deployment of rooftop panels atop homes and businesses in places like California and Texas is going to be a more cost effective strategy than sinking tens of billions into nuke plants, and it'll help to advance a technology that could conceivably lead us to near total energy independence.
It also gets a chunk of power generation out of the hands of the enormous energy conglomerates and into the hands of the people, which'll make it much more difficult for the powers that be to play games with the price of electricity on the spot market, a la Enron. And moving power generation much closer to the source of demand could ultimately reduce the overall peak summertime load on our power grids (at least here in America), not to mention the drastic cut in transmission losses.
What is its price compared to uranium?
Choosing the lesser of two evils is a choice for evil.
That's because Germany has long have had an anti-nuclear stance, while actively promoting solar energy. Even they are reconsidering on keeping nuclear plants open for a longer time, in the wake of economic realities.
It takes a man to suffer ignorance and smile
Be yourself no matter what they say
The report compares running costs of a solar plant against the running costs of nuclear PLUS construction costs. Not only that but also chooses the most expensive plant designs, and takes the extremely high end estimates.
Taken from http://energyfromthorium.com/:
Fuel costs. Thorium fuel is plentiful and inexpensive; one ton worth $300,000 can power a 1,000 megawatt LFTR for a year – enough power for a city. Just 500 tons would supply all US electric energy for a year. The US government has 3,752 tons stored in the desert. US Geological Survey estimates reserves of 300,000 tons, and Thorium Energy claims 1.8 million tons of ore on 1,400 acres of Lemhi Pass, Idaho. Fuel costs for thorium would be $0.00004/kWh, compared to coal at $0.03/kWh.
Capital costs. The 2009 update of MIT’s Future of Nuclear Power shows new coal plants cost $2.30/watt and PWR nuclear plants cost of $4.00/watt. The median of five cost studies of molten salt reactors from 1962 to 2002 is $1.98/watt, in 2009 dollars. The following are fundamental reasons that LFTR plants will be less costly than coal or PWR plants.
I would rather be ashes than dust!
"There is always day somewhere."
A lovely sounding line but try actually doing the math.
Unless you have a superconducting grid you lose massive amounts of power in transmission over long distances.
Try powering something off panels thirteen thousand miles away and you'll lose most of the energy in the lines.
And if they do build a superconducting grid the issue becomes that of keeping thirteen thousand miles of superconducting cable cools to the temperature of liquid nitrogen.
If your cable goes underwater in the sea you'll lose a shitload of energy. (magnetic field, conductor etc)
And don't forget that these superconducting grids will be dangerous as hell, if you're pushing enough current through a cable to power north america and any part of the cooling system fails the resistance goes from zero to anything non-zero and your superconducting cable explodes extremely violently.
It's always day somewhere.
unfortunately sometimes that place is in the middle of the pacific and your hundreds of thousands of square miles of solar panels along with the explosive cables would have to be on rafts capable of surviving whatever tropical storms come their way.
Why do people insist on using 1950s reactors as the basis of safety/cost measurements?
Modern reactors can be a lot cheaper/simpler and have very little decommissioning costs (the plant outside the core doesn't become radioactive over time).
No sig today...
I strongly doubt that... There are trillions of neutrinos flying through your head every second. Also, given that they fly though the entire planet without much care, and indeed the core of the sun, I doubt they will have much affect on your DNA. There is no attempt at shielding because it is pointless.
"Like the U.S., France does not have a permanent solution for disposal. The cost of temporary waste storage -- hundreds of billions of euros -- is being passed along to French taxpayers and ratepayers by the state and its subsidized plant operators."
"The only other hope for nuclear would be to subsidize it, and subsidies must increase taxes, deepen the budget deficit, or both. That's not new in America: The fossil fuels industry receives more subsidies than all other forms of energy combined."
I believe what our misguided friend means are Neutrons. Direct exposure to them is certainly something to avoid, but they can be captured effectively with water and lithium-6.
"And don't forget that these superconducting grids will be dangerous as hell, if you're pushing enough current through a cable to power north america and any part of the cooling system fails the resistance goes from zero to anything non-zero and your superconducting cable explodes extremely violently.
I'd agree these superconducting cables have issues, but exploding really isn't one of them. Most modern superconducting magnetic coils and cables are designed around quenching and have copper dump loads built into the cables. The real killer for power is the energy required to keep the cables cool...
IMHO, the solution to solar would be affordable large scale energy *storage* (magnetic energy storage, large vacuum composite flywheels, etc.).
Fraud Alert! My guess is that this story is a public relations piece by people who are trying to sell solar energy. Is a Slashdot editor paid to run P.R.?
Read the comment by "BillWoods" posted on "Tue, 2010-07-27 14:19" to the story linked in this Slashdot story. Quote: "Using the same amortization factor that they use for solar, the most expensive nuclear project on their list would produce power for a capital cost of about 11 cents/kW-h, well below even the subsidized cost of solar."
The previous comment, by "Marcel F. Williams", posted on "Tue, 2010-07-27 12:51" says, "The capital cost of nuclear reactors are going to fall dramatically once the US and other countries start to mass produce and ship centrally manufactured modular nuclear reactors. Its going to be extremely difficult for any other clean energy systems to economically compete against small nuclear reactors during the rest of this century for producing electricity and carbon neutral synfuels."
Wow! That was easy! Indicating the falsehood of the Slashdot story only required copying the comments in the linked story.
Simple rebuke of the silly claims in NYT here http://atomicinsights.blogspot.com/2010/07/gullible-reporting-by-new-york-times-on.html
If solar would really be cheaper than nuclear, why would the governments (in the EU) or the federal government / states (in the USA) need to subsidize solar deployments and consumption?
Slashdot editors failed once again to keep their brains on. Or maybe they knew the post is ridiculous, but they just succumbed to tabloidization: say something ridiculous in the first place then wait for the masses to take the bait and grow the advertising income.
In that case, Slashdot, please take into consideration the following possible posts:
Windows is safer than Unix.
Solar is cheaper than oil.
All Jews are actually Germans.
All Germans are actually French.
All Arabs use Unix.
Some French sell oil to the Arabs (especially at night, when solar is not working).
Vi is better than Emacs
Catalin Braescu
Ofaly.com
That was supposed to be the joke!
I'm well aware neutrinos pass through matter harmlessly in fact a light year of lead would still allow the vast majority to pass through. The point is that a minuscule percentage do happen to interact with matter very occasionally and so therefore everything I said was true.
It's supposed to be taking the piss out of those who would stop nuclear plants because of their radiation and scientists can't deny that you can't 100% shield against radiation, and you can't test on all possible effects and you can't prove a negative.
Meh, this is why I'm an engineer not a comedian...
"The weirdest thing about a mind, is that every answer that you find, is the basis of a brand new cliche" -
Nope I meant neutrinos, I know full well the sun produces trillions of them, I know that they are harmless.
I also know that CERN is harmless because cosmic radiation produces far higher energy collisions in the atmosphere every second, but some people still fear it.
I know that my local nuke plant produces gamma radiation that you cannot 100% shield against, yet people object to them because they "emit deadly radiation".
I carry a tritium keyring that has a half life and lights up my pocket with it's radioactive decay.
I use a mobile phone and don't worry about the fact that you can't prove that it doesn't do me harm.
So what I was trying to do was parody those who would pray on the fact that you can't prove a negative and other bits of lack of joined up thinking to sell their particular political cause. Still you can't please everyone...
"The weirdest thing about a mind, is that every answer that you find, is the basis of a brand new cliche" -
The Germans cheat on Nuclear power use. In particular, they IMPORT a lot of Nuclear-generated electricity from France and the Czech Republic.
Waste disposal is a made up problem. That "waste" is very useful. Reprocessing it recovers almost all of the original fissionable mass, and the other products have medical and scientific applications. The remaining low-level crap can be glassified and dropped into a Yucca Mountain like storage depot (except that people's ignorance regarding nuclear waste and radioactivity makes them panic about that).
Maxim: People cannot follow directions.
Increases in truth directly with the length of time spent explaining them
And you provided us with one more piece of evidence that Slashdot can't recognize a joke. ;-)
"You call it a new way of thinking; I call it regression to ignorance!" -- Operation Ivy
Meanwhile, in the little town where I lived in Southern Oregon a few years ago, a Natural Gas 500MW power plant cost something like $80-100 million to build.
If you can build and operate ten 100 megawatt solar plants for the cost of building, operating and decommissioning one 1 gigawatt nuke plant (and insuring it for liability, and dealing with its waste), why not go with solar?
Maybe not all of us want to see every square inch of desert covered in solar panels. Compare the surface area used to generate 1Gigawatt at a Nuke vs Solar...
What are we going to do tonight Brain?
So, you've never heard of pumped storage, or any other forms of grid energy storage, eh?
"National Security is the chief cause of national insecurity." - Celine's First Law
Right this second on some discussion forum, an ignorant twit is ranting about the unstoppable-super-neutrino-radiation-killing-force that no one cares about that is killing our kids and OBAMA KNOWS!!!!!
And it's your fault. Just sayin'
;)
Are you able to get a contract from your local utility to carve in stone that kilowatt hour price for ten, twenty or thirty years, get it locked in? If so, cool, if not, your figures are an apples and oranges comparison because you have no idea what your centralized grid supplied power will cost in the future. My guess would be..always go up.
Also, prices on panels..there is a theoretical way to get cheaper panels, do a mass bulk group buy and get wholesale instead of retail prices. Once you can deal with the real panel manufacturer instead of some middle man retail, well, it's just loads cheaper. Buy a few at a time, expensive, get a container load..cheaper.
Then there is also the benefit of having on site power that is clean and acts as a whole house UPS system. You get *good* power out of these systems, very clean, better than most grid supplied. This is worth something, along with I have noticed that grid supplied always seems to go out at the most inopportune time, right when you need it the most, cold ice storms (whoops! furnace stops working), heat waves (whoops, no AC or fans available, food melting away in freezer, etc), etc. Hard to put an actual cost figure on that, but it *is* useful to have your power supply better secured.
Been there done that, went through a near week long grid outage, but because the place was mostly PV and batts (all circuits but the ancient outside heatpump), suffered not one second downtime (january ice and windstorm). In fact, I didn't even know the grid was down until the evening, when I noticed all the street lights down in the valley weren't on. A few hours grid downtime ain't bad, but days can start to get really sucky. Doesn't happen all the time, but it does happen across the nation to large segments of the people now and then.
Home produced you are paying a premium partially as it has a more "electricity insurance" benefit than grid supplied. That's worth something, but it is a variable situation to situation.
Another thing about solar PV is that it isn't an either/or situation, you don't have to replace all your needs, you can go one circuit at a time. Example, like noted above, it might be nice if your furnace circuit could stay up, to burn that natgas in your furnace in the winter, or to keep a window fan going in a heat wave, or to power your home office and all your expensive gear (we are geeks, we all appreciate a good UPS system, the benefits there). You can add on more PV powered circuits at your leisure, just start out with a large enough subpanel so you have upgrade room.
So, like today, get one or two circuits, your most critical done, even if it is more expensive. Five ~ ten years down the road, your loot has gone to help fund more R and D and production, now the stuff is cheaper still, and better quality, more efficient. If everyone did this, eventually, it would be really slick, real cost competitive and quite functional. Look at the relatively short time frame when computers were still rare in the home and very expensive, to today, say the last 15 years. Thousands of bucks back then, for slow speed, limited ram and storage, etc, to today a few hundred bucks for systems much better overall. That's what economies of scale can do, once the ball really gets rolling and mass adoption and competition kicks in better.
I just like the idea of renewable better. I would rather just live without the electricity if I can't get it from these sources. I don't use ac now in my car or at home. I just get along without it. My office has ac though. I would rather pay more for renewable energy, regardless of cost.
That's an amazingly bad article for the New York Times. It's based on a single paper which reads like a sales brochure. The figures for power costs are after subsides. Solar power isn't charged with storage costs. (Although, in hot areas, the solar peak coincides with the air conditioning peak. Wind has much worse problems; output is totally unrelated to when power is needed.)
Their projections are even worse. Their projection graph has data points in the future, which they then fit with a line. What? The SolarBuzz solar power price index, which is from a solar advocacy group, is far higher than the numbers in that paper. SolarBuzz shows a decline from $0.22/KWh in 2000 to $0.19/Kwh in 2010 today for medium-industrial sized roof-top solar projects in US sunbelt states, including inverters and grid connection, but not land or power storage. That's only a 10% decline per decade, not the 40% decline shown in the paper.
Nobody has actually built and started up a big nuclear plant in the US in several decades, so there's no real cost basis available there. China has 22 reactors under construction right now.
It sounds like you're making the mistake of believing the level of technology we have today is the limit to human innovation.
The problem I have with that kind of thinking is that it's been proved wrong consistently through history.
The "molten salt" approach we're talking about is almost certainly just a step in a long curve of technological advance. You build one and the next guy finds a better, cheaper way. Then someone else comes along with something more effective than salt.
I'm not saying you're guilty of this, but I hear constantly from certain people the notion that we shouldn't consider solar energy because the technology for solar energy is somehow insufficient, assuming that unlike every area of human endeavor, there won't be further advances.
You are welcome on my lawn.
"Now considering that one nuclear power station usually generates 1 to 5 GIGAwatts, and these generate in the order of TENS OF MEGAwatts, it is inconceivable to me how anyone can compare Solar to Nuclear."
Which is precisely why no nuclear power plants are being built in the US. Utilities don't need large amounts of new power all at once. They need smaller amounts over time. Solar and wind are great at supplying this incremental demand.
The utilities learned the hard way about the unreliability of future power generation predications. This led to the building off and default off many nuclear power plants in the past. If they actually need large amounts of power generating capacity they will build coal or natural gas plants because they take less time and are more economical.
I fail to see how that in any way invalidates what I said.
Until the sun sets, which is when a lot of demand happens, and suddenly solar isn't producing any more. This is fine for coal/natural gas/nuclear plants and even (in most cases) hydroelectric plants, as we just turn the dial up on them and get more electricity out of them. We can't do that with solar or wind power, as we don't have any control over how much they produce at any given time. Hence my comment about storage--depending on solar/wind will require massive investment in energy storage and require a major reworking of how we handle demand on the network. So, yes, it does matter where the power comes from.
Also, unless I missed some really amazing developments, solar does require materials with which to actually build the panels, some of which are not nice. Saying it's ecologically free isn't quite the truth. Better? Sure, but poisons and fossil fuels are still used in their production.
Maxim: People cannot follow directions.
Increases in truth directly with the length of time spent explaining them
http://www.world-nuclear.org/info/inf02.html and http://www.solarbuzz.com/StatsCosts.htm and the crucial test, this article fails on my personal, does it sound like bull meter.