this post was submitted on 08 Aug 2023
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Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors (www.cityam.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Bill Gates-backed nuclear contender Terra Power aims to build dozens of UK reactors::A Bill Gates-backed clean energy player is hoping to build dozens of nuclear reactors in the UK and will compete with global rivals.

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[–] Womble@lemmy.world 1 points 1 year ago

Storage at the scale needed to deal with intermittant generation is unsolved. You would be looking at trillions of dollars on top of the costs of actual generation for a large european country. Price per kWh of storage and usage of countries are easily searched figures, multiply them together for a few hundred hours and it is obvious.

That is what makes a majority renewable grid more expensive. Obviously fossil fuels are cheaper ignoring externalities, but assuming you want to get off those and dont have spare hydro capacity what otber choice is there?