Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The main reason for the current inflection point is that the cost per unit energy for solar/wind has dropped precipitously (and continues to drop), while the cost/energy for most fossil fuels is growing rapidly (natural gas is an exception, due to new fracking tech). And nuclear is such a massive long-term capital investment in a rapidly developing energy picture that the risk profile is really bad, even if a new plant operates perfectly with no problems for its entire planned lifespan. Nobody wants to be the one who decided to build a nuclear plant for X dollars/gigawatt (most of that cost up-front), only to have solar going for .5X before the new plant is even operational.

And it's not just the cost of solar/wind that's dropping... it's the cost of short-term energy storage, by way of batteries/thermal/hydro/etc. Nuclear plants are base-load power, good for long-term stable output rather than quick spikes up and down. But short-term storage allows solar/wind to act as baseline as well, capturing more when the sun is shining and the wind is blowing, and dumping it from storage when needed.

Committing to expensive nuclear power plants now, with this much disruption going on, is a good way for a utility to go bankrupt twenty, thirty years from now.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: