Price of solar dropped 89% in ten years

https://feddit.de/post/5764680

Price of solar dropped 89% in ten years - Feddit

Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently. Source: https://ourworldindata.org/cheap-renewables-growth [https://ourworldindata.org/cheap-renewables-growth]

Pretty clearly shows why there’s no future for nuclear power.

Even for filling gaps in renewables, peaker plants are getting cheaper and don’t take 15 years to build.

I think that’s too simplistic of a view. Part of the high cost of nuclear is because of the somewhat niche use. As with everything, economies of scale makes things cheaper. Supporting one nuclear plant with specialized labor, parts, fuel, etc is much more expensive then supporting 100 plants, per Watt.

I can’t say more plants would drastically reduce costs. But it would definitely help.

They’ve had 75 years to get the cost down. It’s still going up.
because of oil funded fear pushing pseudoscience based restrictions
Congratulate yourself then. The propaganda you and your ilk continue to spew is the reason for this.
Oh it’s just the meanies keeping the poor nuclear industry down! 😆
big oil pushes this stuff, by the way. because they know the reality that when nuclear plants get shut down, natural gas replaces it
America’s nuclear power revival arrives—7 years late and $17 billion over budget

They’re the first U.S. reactors built from scratch in decades — and maybe the most expensive power plant ever.

Fortune
Of course It is, the incompetent and ignorant people that try to hinder it’s use is the problem
The nuclear industry is 100% responsible for the operational record of the nuclear industry.
So the people who built that reactor were incompetent and ignorant?
Reading comprehension isn't really your strong suit, eh? "The incompetent and ignorant people that try to hinder it’s use is the problem"
If you are hired to do a task and then overrun the budget by 14B$ I wouldn’t exactly call it furthering the cause. More like incompetence and/or trying to detail the project.
the most dangerous part of nuclear power is not using enough

Cool, so you’re either going to have to completely get rid of all the nimbys and people that don’t understand nuclear, then build a massive population of qualified workers to build them and staff them and then fund them in the hundreds of billions for at least 2 decades to build up the knowledge base required to be able to build them quickly and efficiently.

Or accept the reality that nuclear is dead in the water.

The source article actually talks about this and measured data suggests nuclear cost actually went up, despite more capacity being built.

This is the first time, I’ve read this anywhere. More sources/studies would be really important. And there is lots of interpretations to be had on the why, but assuming the article isn’t completely off the mark, that’s cold, hard data suggesting that your (perfectly reasonable) assumption is actually wrong, after all.

Interesting, I’ll have to look at the source article.

But as far as I’m aware the total amount of nuclear power has been decreasing in recent years. This might change with China’s future plants.

I’ve also read about small modular reactor designs gaining traction, which would help alleviate the heavy costs of one off plants we currently design and build.

Not saying the source is wrong, just saying that’s what I used to form my opinion.

china's been building dozens of reactors, all of a common design which is the correct way https://en.wikipedia.org/wiki/Hualong_One
Hualong One - Wikipedia

bullshit regulatory costs can increase infinitely without nay change to the underlying engineering or economics. that's 100% the cause of the price increses
Possible. But well, whether these regulations actually are bullshit or not, kind of doesn’t matter. A dumb solar panel won’t ever need to be regulated as much. If that’s what makes it cheaper, it still is cheaper.