Nuclear Power: More Expensive Than Solar
Posted by Big Gav in nuclear power
Bloomberg reports that awareness of the advatnages of renewables over nuclear power seem to be increasingly well understood in Washington - U.S. May Never Need More Nuclear, Coal Plants, FERC Head Says.
The U.S. may never need to build new nuclear or coal-fired power plants because renewable energy and improved efficiency can meet future power demand, the head of the Federal Energy Regulatory Commission said. “They’re too expensive,” Jon Wellinghoff told reporters today at a press conference in Washington hosted by the U.S. Energy Association. “The last price I saw for a nuke was north of $7,000 a kilowatt. That’s more expensive than a solar system.” ...
“There’s 500 to 700 gigawatts of developable wind throughout the Midwest,” he said, and “enough solar in the southwest, as we all know, to power the entire country. It’s a matter of being able to move it to loads.” Demand reductions and electricity storage could offset the intermittent nature of wind and solar, he said. The U.S. currently has generating capacity of about 800 gigawatts, Wellinghoff said.