alt Hacker News”If we compare apples to oranges nuclear power is cheap”.
You can finance the competition in the same way and get similarly cheaper prices.
Hinkley Point C just got a loan at a 7% interest rate to finish the plant. That is after about all uncertainty should already have been discovered.
Now add making a profit and factor in the risk on top and you’ll end up with electricity costing $400 per MWh
Replies
thatcat • last Sunday at 10:04 PM
If risk and disposal is factored into coal, gas, solar power, what would be cheaper? Nuclear has recyclable fuel processes and fail safe systems available.
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HPC is 2 EPR reactors. At their design CF they will produce 25 TWh per year. Over the expected operating life of 80 years that will be 2000 TWh.
At the $400/MWh you are postulating, that would be €800 billion of income.
Although I am sure the operators wouldn't mind (15% ROI per year over 80 years is...nice) I am going to go with "your numbers are BS".