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Ontario nuclear is cheaper than Ontario solar and wind (Table 2): * https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb-EN.pdf https://fao-on.org/wp-c

Ontario nuclear is cheaper than Ontario solar and wind (Table 2): * https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb-EN.pdf https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb... Until a few years ago it was cheaper than methane/natural gas: * https://www.oeb.ca/sites/default/files/rpp-price-report-20231019.pdf https://www.oeb.ca/sites/default/files/rpp-price-report-2023... At least when it comes to refurbishment, the independent (reports to provincial parliament) FAO found: > Overall, despite near-term Nuclear Price increases, the Plan is projected to provide ratepayers with a long-term supply of relatively low-cost, low emissions electricity. * https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb-EN.pdf https://fao-on.org/wp-content/uploads/2024/08/Nuclear-Refurb... Their projections go to 2064. New-nuclear is worthy of discussion, but given we have stood up supply chains via the refurbishment process, there's a lot of knowledge out there. My current largest complaint with the new-nuclear plans is the SMRs.

bryanlarsen 3mo ago
That's some impressive financial engineering to go from $500B for a few gigawatts of power to "reasonably priced".
- throw0101c 3mo ago
  Can you provide a citation for the $500B? Because Carney has mentioned federal money in that amount for projects Canada-wide that include "energy" generally, but not nuclear specifically. I did find this (potential?) $100B number on Ontario nuclear energy: * https://archive.is/https://www.thestar.com/politics/provincial/doug-ford-s-100-billion-bet-why-ontario-is-spending-big-on-nuclear-even-as/article_edb88fbe-6746-4529-bde3-da73b1bc1c62.html https://archive.is/https://www.thestar.com/politics/provinci... but if you take that number and 'ammortize' it over the average 40-year life span of reactors, it comes to $2.5B/year (in capex), which is about ~1% of the provincial budget. I'm not sure how much raw GW capacity that would add, or how many GWh would be generated annually, to do the math on the per-kWh (capex?) cost. The article goes over the pros and cons of various points in the energy mix debate.
  - bryanlarsen 3mo ago
    It was "only" $400B: https://www.theglobeandmail.com/business/commentary/article-how-will-free-spending-ford-pay-for-ontarios-400-billion-nuclear-plans/ https://www.theglobeandmail.com/business/commentary/article-...
bryanlarsen 3mo ago
Your documents are from 2017. The numbers for solar will be almost an order of magnitude wrong.
- Moldoteck 3mo ago
  not in case of CFD's

bryanlarsen 3mo ago

That's some impressive financial engineering to go from $500B for a few gigawatts of power to "reasonably priced".

throw0101c 3mo ago
Can you provide a citation for the $500B? Because Carney has mentioned federal money in that amount for projects Canada-wide that include "energy" generally, but not nuclear specifically. I did find this (potential?) $100B number on Ontario nuclear energy: * https://archive.is/https://www.thestar.com/politics/provincial/doug-ford-s-100-billion-bet-why-ontario-is-spending-big-on-nuclear-even-as/article_edb88fbe-6746-4529-bde3-da73b1bc1c62.html https://archive.is/https://www.thestar.com/politics/provinci... but if you take that number and 'ammortize' it over the average 40-year life span of reactors, it comes to $2.5B/year (in capex), which is about ~1% of the provincial budget. I'm not sure how much raw GW capacity that would add, or how many GWh would be generated annually, to do the math on the per-kWh (capex?) cost. The article goes over the pros and cons of various points in the energy mix debate.
- bryanlarsen 3mo ago
  It was "only" $400B: https://www.theglobeandmail.com/business/commentary/article-how-will-free-spending-ford-pay-for-ontarios-400-billion-nuclear-plans/ https://www.theglobeandmail.com/business/commentary/article-...

bryanlarsen 3mo ago

Your documents are from 2017. The numbers for solar will be almost an order of magnitude wrong.

Moldoteck 3mo ago
not in case of CFD's