this post was submitted on 26 Aug 2023

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Solar energy now overlaps in cost with nuclear fuel alone for "cheap" modular reactors (energy-utilities.com)

submitted 1 year ago by schroedingershat@lemmy.world to c/energy@slrpnk.net

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Uranium is $128.30/kg

After enrichment, conversion and fabrication that's $3400/kg for 4.95% fuel.

At 36-45MWd/kg and a net thermal efficiency of 25% or $12.5/MWh up front.

With a 90 month lead time (72 month fuel cycle and 18 months inventory) at 3% this is $16.2/MWh

Which some solar projects are now matching

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[–] AllonzeeLV@lemmy.world 0 points 1 year ago (1 children)

Yeah, if you only want meaningful power on a sunny day in daylight hours.

Where's all this paradigm changing battery tech I keep hearing is on the way for 20 years?

[–] kugel7c@feddit.de 0 points 1 year ago

You just don't need that much storage and at the same time battery storage is already being installed at an exponential rate, much like PV started to some 15 years ago. We also already have hydro and gas peaker plants that aren't going anywhere for the next 10ish years.