alt Hacker NewsEven with Danish insolation and weather and tilting the study heavily towards nuclear power by assuming that the nuclear costs are 40% lower than Flamanville 3 and 70% lower than Hinkley Point C while modeling solar as 20% more expensive renewables come out to vastly cheaper when doing system analyses.
https://www.sciencedirect.com/science/article/pii/S036054422...
This paper is very heavily biased against nuclear power and is only valid for Denmark
It uses 8% discount rate for nuclear vs 5% for VRE
It uses the most expensive nuclear reactor costs instead of Korean and Chinese reactors delivered at 3,500–5,000 USD/kW
80% capacity factor for nuclear is very low and should be over 90% for new reactors.
It's least cost mix intentionally excludes nuclear power which is absurd. Standard practice would let the optimizer choose nuclear's share in a hybrid mix. Sepulveda et al. (MIT, Joule 2018; Nature Energy 2021) using exactly this approach repeatedly find firm low-carbon resources (including nuclear) reduce total system cost under deep decarbonization. https://www.eavor.com/wp-content/uploads/2021/11/The-role-of... "Availability of firm low-carbon resources reduces costs 10%–62% in zero-CO2 cases"
They intentionally ignore inter-annual variability which is where dispatchable nuclear is most needed.
It generalizes based on Denmark's unique situation of having some of the best off-shore wind in the world and access to cheap hydro power and storage in Norway and no domestic nuclear supply chain.
The authors are editors of the journal this was published in.
Lund is the creator of EnergyPLAN and cites himself a lot.
This paper just repeats Aalborg group and Breyer's LUT group's anti-nuclear opposition.