New research shows renewables are more profitable than nuclear power::In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Given that most countries have a capitalistic, private energy sector, profit may not be the best metric but it’s the only one that matters.
The nuclear bros never seem to understand this though. If nuclear energy made any sense from a financial standpoint, we’d be building a ton of reactors but it doesn’t. With renewables and storage getting cheaper and new nuclear getting even more expensive, we’re not going to see much more new nuclear.
What do is your solution to baseline power generation?
It’s base load, not baseline and it’s arguable that it’s not necessary: https://cleantechnica.com/2022/06/28/we-dont-need-base-load-power/
Large scale energy storage isn’t there yet (afaik, please link otherwise), and adjusting demand with scalable hydrogen production isn’t there either. Meanwhile, France’s nuclear plants can adjust their output by 900MW in 30 minutes to mitigate increased demand or reduced supply due to weather.
Did you read the article?