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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 [email protected] to c/[email protected]

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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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[–] [email protected] 1 points 1 year ago (1 children)

This is not a plan for any nuclear builds, this is just them signing on that maybe they will build some SMRs. Would you also suggest PEI is seriously planing a nuclear build?

[–] [email protected] 1 points 1 year ago (1 children)

No. They are not.

They are using the suggestion that they might to delay decarbonization.

Glad you finally figured it out.

[–] [email protected] 1 points 1 year ago

Again, this is missing the point. Alberta does not care at all to decarbonize and signing this could help them build off grid SMRs down the road in remote areas to power oil and gas machinery. PEI signed it because it may be a one and done solution for them to decarbonize. These are not concrete plans but they are also not signing it without some reason it could benefit them.