Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm sorry, I have misread your source. It clearly states "unsubsidized". My bad.

I think my points about the LCOE still stand, though. The LCOE is not a good measurement for comparing intermittent and baseload power sources. Nuclear in particular suffers here since the capital costs are very high compared to operating costs. A nuclear power plant needs to run close to maximum power all the time for maximum profitability. This artifically inflates the numbers for nuclear while lowering the apparent cost for intermittent sources.

Regarding your second paragraph, I'm not sure if you're arguing that the EU spends half the amount on nuclear power R&D as solar power R&D, or if you're talking about subsidies for the plants themselves. I'd argue grants for R&D projects would be very hard to count in a meaningful way, and I don't think e.g. a research grant that results in more efficient solar voltaic cells should count as a subsidy towards solar power, nor nuclear fission research as a subsidy towards nuclear power.

The EU provides grants for constructing e.g. wind power farms. Unfortunately, I'm not familiar with every country, but in Sweden, renewables are given a large cashback grant per kWh generated ("elcertifikat"). Nuclear power here has been profitable since the 70s, and didn't turn unprofitable until taxes on nuclear power were increased substantially a few years ago.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: