this post was submitted on 22 Aug 2023
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195
New research shows renewables are more profitable than nuclear power (www.pv-magazine.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] areyouevenreal@lemmy.antemeridiem.xyz 1 points 1 year ago (1 children)

Probably because the whole industry keeps talking about them. Plus some are already in testing I believe, others are still being planned. We did it for nuclear submarines so it's definitely possible.

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

I'm not saying SMRs are impossible, I'm saying that the cost of them when compared to renewables is so ridiculously high that there's no business case for them. We did it for submarines because you can't use solar panels and wind turbines to power them.

[–] areyouevenreal@lemmy.antemeridiem.xyz 1 points 1 year ago* (last edited 1 year ago) (1 children)

You can't use renewables for all power generation though. We don't have the energy storage for that. Also over the long term nuclear can be profitable - it just requires a lot of investment and planning

[–] IchNichtenLichten@lemmy.world -1 points 1 year ago (1 children)

Neither of those things are true. Where are you getting your information from?

[–] areyouevenreal@lemmy.antemeridiem.xyz 0 points 1 year ago

My guy if it wasn't profitable companies wouldn't build them.

The fact you think we don't need baseliad power is very questionable. Like where are you going to store all the energy from these renewables?

Where are you getting your information from?