@xkcd bringing the heat as always

#costofenergy #lcoe #solar

@tagesschau **Beitrag 3: Die Kosten-Falle **đź’¶
Behauptung: Mini-AKWs sind günstig durch Serienfertigung. Fakt: SMRs sind aktuell die teuerste Art der Stromerzeugung. Ohne „Economy of Scale“ (Größenvorteile) explodieren die Fixkosten für Sicherheit und Bau. Beleg: Das US-Projekt NuScale scheiterte 2023 an Kosten von >120 $/MWh. Zum Vergleich: Wind & Solar liegen bei 40–80 €/MWh. Ein bayerisches Pilotprojekt wäre ein Milliardengrab für Steuerzahler.
#Wirtschaft #LCOE #Energiepreise #SMR
Haven't checked if my 2023 #LCOE projection holds; if anyone wants to check how wrong I've been, please let me know! Addendum: grey is rather optimistic estimate for new #nuclear power, and the single arrow is the Finnish grid operator Fingrid's estimate for traditional nuclear in 2035.

RE: https://bsky.app/profile/did:plc:l5qgtdxd462q6cz5hbt25edk/post/3m626v2ru3k24
I have my doubts: hard to see SMRs becoming cost competitive in time to compete with continuing cost reductions of wind, solar, storage, and increasingly integrated EU grid. I did this #LCOE projection in 2023. Reds are #wind and #solar; grey is traditional #nuclear; 2 arrows are #SMR estimates.
On the shortcomings of levelized cost of energy (LCOE) as a single metric to compare power generation costs, e.g. solar vs nuclear vs coal vs wind. This is why LCOE tracker Lazard has added a "firming" costs qualifier. https://heatmap.news/energy/levelized-cost-solar #Grid #LCOE
Everyone’s Favorite Energy Cost Metric Is Wrong, Environmental Group Says

Forgive me, for I have cited the levelized cost of energy.That’s what I was thinking as I spoke with Kasparas Spokas, one of the co-authors of a new paper from the Clean Air Task Force that examines this popular and widely cited cost metric — and found it wanting.Levelized cost of energy, or LCOE, i...

Heatmap News

Hey honey, wake up. The Swiss federal office of energy just published a 264 page report titled "Technology Monitoring of Nuclear Energy".

#Nuclear #Switzerland #LCOE

👉 https://www.bfe.admin.ch/bfe/en/home/versorgung/statistik-und-geodaten/monitoring-energiestrategie-2050.exturl.html/aHR0cHM6Ly9wdWJkYi5iZmUuYWRtaW4uY2gvZW4vcHVibGljYX/Rpb24vZG93bmxvYWQvMTE4Mzg=.html

Wind and solar power half the cost of coal and gas, one-third the cost of nuclear, says Lazard.
2024 Levelized Cost Of Energy report:

Onshore wind: $US 27-72 per megawatt-hour
Onshore wind + storage: $US 45-$133 /MWh
Utility-scale solar: $ 29-$92 /MWh
Large-scale solar with storage: $ 60 - 210 /MWh

Coal: $ 69-$168 /MWh
Combined cycle gas: $ 45-$108 /MWh

https://reneweconomy.com.au/wind-and-solar-power-half-the-cost-of-coal-and-gas-one-third-the-cost-of-nuclear-says-lazard/
#LCOE

Wind and solar power half the cost of coal and gas, one-third the cost of nuclear, says Lazard

Latest levelised cost of energy report from US investment firm Lazard finds large-scale solar and wind significantly cheaper than coal and gas. Nuclear, meanwhile, just keeps getting more expensive…

RenewEconomy

Calling all power systems modellers! Are you looking at #LCOE? Calculating technology competitiveness?

Let me introduce GNESTE – a new database with over 5,000 entries from 56 sources on the cost and performance of #electricity generators🧵

https://www.sciencedirect.com/science/article/pii/S235234092400636X

It’s Lazard #LCOE day! https://bit.ly/45bxEc9 This year’s edition shows the persistence of cost pressure on #renewableenergy and #energystorage, supporting the thesis that growth will be driven by large, well-capitalized developers / owners.

@collectifission

Here's the levelized cost of energy (not capacity, as claimed in the video). And Lazard tends to use way outdated data for solar. Speaks for itself.

Source:
https://en.m.wikipedia.org/wiki/Levelized_cost_of_electricity

Lazard paper on LCOE
https://www.lazard.com/research-insights/2023-levelized-cost-of-energyplus/

#nuclear #renewables #lcoe #energiewende #energytransition

Levelized cost of electricity - Wikipedia