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Cake day: July 15th, 2023

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  • DahGangalang@infosec.pubtoScience Memes@mander.xyzNot a single one
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    2 days ago

    From Wikipedia

    In 2019, the US EIA revised the levelized cost of electricity from new advanced nuclear power plants going online in 2023 to be $0.0775/kWh before government subsidies, using a regulated industry 4.3% cost of capital (WACC - pre-tax 6.6%) over a 30-year cost recovery period.[63] Financial firm Lazard also updated its levelized cost of electricity report costing new nuclear at between $0.118/kWh and $0.192/kWh using a commercial 7.7% cost of capital (WACC - pre-tax 12% cost for the higher-risk 40% equity finance and 8% cost for the 60% loan finance) over a 40-year lifetime.[64]

    The article discusses why that number is probably flawed and relies on cherry picked data, but it seems somewhat close to profitability. Assuming theyre above with a cost of electricity of ~$0.20/kWh (already cheaper than some of US) should be viable, yeah?