New York to Ban Natural Gas, Including Stoves, in New Buildings

Re:New York to Ban Natural Gas, Including Stoves, in New Bui... by sharemywin on Monday May 01, 2023 @10:27AM (#35773221)

I grabbed some stats off google: solar nuclear and battery costs

Companies that are planning new nuclear units are currently indicating that the total costs (including escalation and financing costs) will be in the range of $5,500/kW to $8,100/kW or between $6 billion and $9 billion for each 1,100 MW plant.

Installing a solar farms will cost about $0.80 to $1.36 per watt. Solar farm costs can be estimated by energy output (megawatts) or size (acres). One megawatt is the power equal to 1 million watts, and one megawatt will power about 164 homes. ~$800-$1360/kw

Battery: $152/kWh Now, BNEF expects the volume-weighted average battery pack price to rise to $152/kWh in 2023

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Re:New York to Ban Natural Gas, Including Stoves, in New Bui... by slashdev on Monday May 01, 2023 @02:32PM (#35777113)

Nuclear would get some serious economies of scale at 2500 units, so those prices aren't a fair comparison of what could be.

I've long maintained here on HN, however, that under-investment in nuclear has made it not cost effective compared to renewables + storage (remember you don't need 100% storage.) At current market prices, nuclear doesn't make much sense. It could have really helped if we'd started earlier with it though, before renewables were in the picture.

[ Parent | on HN ]