Earlier quoted context omitted.
> "While in reality renewables are on an exponential cost reduction trajectory " And now we are looking of some development in the future. The usual argument I keep seeing is that with the exponential cost reduction in solar and green hydrogen we will have in the future a combination that will be cheaper than the nuclear costs of today. A comparison of the current state of nuclear to some future potential solar + sto…
>The usual argument I keep seeing is that with the exponential cost reduction in solar and green hydrogen we will have in the future a combination that will be cheaper than the nuclear costs of today. Thats what its like today. That's probably why the nuclear PR articles almost never try to compare costs or speed of construction with demand shaping + solar + wind + storage. It does not stack up well.
No one is burning green hydrogen commercially for grid power, through a lot of people would be happy to pay the average nuclear cost (~3 cent per kw/h) if you want to provide it. Selling green hydrogen for $1 per kg would be very welcome in Europe right now, with a basically bottomless demand if someone would be willing to provide it at current nuclear prices.
Demand shaping + solar + wind + storage is not economical viable in Northen Europe, but if you have any evidence to support the opposite then provide them. The fact is, if it was then the crisis that currently exist would not be a crisis, it would be an investment rush.
Of course, if you personally want to offer green hydrogen for $1 per kg this winter, and sign a liability contract for supplying the many tons needed, then sure. Lets do it!