Earlier quoted context omitted.
Yep, and that looks great wind, hydro, and nuclear providing 100% of power at 3pm on a Friday at 2.5c/kWh. But what happens on the weekend when demand for power drops even more? Unfortunately the nuclear power plant operator losses money even faster than they are right now.
Low electricity costs are a problem for all electricity plans, not only nuclear. Renewables are even more susceptible to this because the weather affects all renewable plants of the same type similarly across wide geographic areas, so there will be times when they all generate more than is needed and nothing can be done about it. What's worse, the output is unpredictable, so there's little opportunity for some busine…
No, it's worst for the more expensive, capital intense sources.
Gas is expensive but not capital intense. An idled plant doesnt lose too much because fuel costs dominate. Solar/wind is capital intense but not expensive - idling is cheap if the whole thing is cheap.
Nuclear power is capital intense and expensive. Idling burns through a lot of cash.