Earlier quoted context omitted.
As much as I’ve been rooting for nuclear, I think the ship has sailed. If newer advances can’t make it cost competitive with renewables plus some storage (I’ll get to that in a minute) then why would you ever deploy it. Renewables are really cheap and getting cheaper, so some combination of overbuild with storage is probably the winning formula. Storage is a little too expensive as lithium ion batteries, but there’s…
> So nuclear (including hypothetical nuclear fusion) will probably not acquire significant market share. Unless you can somehow make it cost competitive. Ontario is a great counter example. We have something like 60-70% of our power from nuclear, representing most of the base load. We're building more plants soon too. Electricity is cheap, and used to be even cheaper before it was privatized. And we have no nuclear w…
Even china [0] renowned for pushing projects through and "getting stuff done" hasn't been able to push the price and construction time of nuclear down enough to make them cheap and easy to build.
[0]: https://cleantechnica.com/2023/02/06/renewables-in-china-tre...