The reality is that renewables have no plan to eliminate carbon emissions that isn't contingent on a massive breakthrough in energy storage. The US currently had under 10 minutes of energy storage. Renewables offer better carbon emissions reductions on a dollar by dollar basis until they saturate the market during peak production. Then they don't help.
Sure, nuclear is more expensive but it is the only existing solution that aims to actually eliminate carbon emissions. Not just supplement fossil fuels.
It's completely disingenuous to claim that nuclear is the only solution that aims to eliminate CO2 emissions.
Lazard uses current commercial cost figures. If people actually tri d to deploy grid storage on a wide scale, prices would skyrocket as supply fails to match demand.
While scaling up the industry isn't trivial, it's absurd to claim it's impossible or that demand outpacing supply will somehow reduce investment in greater supply.
You haven't actually given a plan to provision this much storage - or even specified how much storage we'll need for that matter - so yeah I'm still very comfortable in claiming it is not possible. At least not without some massive breakthrough in storage technology, which doesn't yet exist.
While it's unlikely to reach this value, it's such a high figure that actually can solve the energy storage problem altogether.
Again, the answer is point to an unproven form of storage and assume it'll be a silver bullet.
It's pretty well-established tech at this point.
I'll come back at you: what technological component involved in underground storage of hydrogen is not already demonstrated?
I feel like a broken record posting this in every thread about nuclear. There's too many people on this forum that have some sort of smug attitude about not being "scared" of nuclear power and don't bother to learn what's actually constraining things.