Re:First new US nuclear reactor in decades enters commercial...
by Retric on Monday July 31, 2023 @05:44PM
(#36949284)
Texas spot prices recently peaked at 9,000$/MWh briefly that’s in no way what I am talking about.
4c/KWh is the minimum additional cost across 50 years ignoring interest not the total cost of this power. In other words if inflation adjusted electricity would have been X$/kWh in 2070 it’s now at least X + 4c / kWh whatever the baseline would have been. Europes average electricity prices for the year aren’t that far above average, across 50 years it’s a tiny blip by comparison.
4c/KWh is the minimum additional cost across 50 years ignoring interest not the total cost of this power. In other words if inflation adjusted electricity would have been X$/kWh in 2070 it’s now at least X + 4c / kWh whatever the baseline would have been. Europes average electricity prices for the year aren’t that far above average, across 50 years it’s a tiny blip by comparison.