Who cares about costs when a large scale solar project takes 2-4years to build compared to Nuclear taking 8-20years.

One will be full amortized and taking in positive cashflow where the other may not even be built.

Quote from: D.H on January 17, 2025, 23:09:41Your guess on the cost of the project is low by at least a factor of 4.

DOE says installed cost for PV at grid scale is still above $1/W. www.energy.gov/eere/solar/solar-photovoltaic-system-cost-benchmarks

Battery costs of $60/kWh is factory for for raw cells. We're getting bids above $240/kWh for packaged, delivered, installed modules.

Plug these in instead and project costs are at least $10.2B before financing costs.

This jives with numbers given by Jigar Shah of the US Loan Programs office. In an interview, he indicated that if nuclear gets Nth of a kind back down to $12000/kW, that beats competing firm technologies.

You're forgetting one simple thing. In Middle East monarchies, labor is, ahem, shockingly cheap! One could even say it's free!

Your guess on the cost of the project is low by at least a factor of 4.

DOE says installed cost for PV at grid scale is still above $1/W. www.energy.gov/eere/solar/solar-photovoltaic-system-cost-benchmarks

Battery costs of $60/kWh is factory for for raw cells. We're getting bids above $240/kWh for packaged, delivered, installed modules.

Plug these in instead and project costs are at least $10.2B before financing costs.

This jives with numbers given by Jigar Shah of the US Loan Programs office. In an interview, he indicated that if nuclear gets Nth of a kind back down to $12000/kW, that beats competing firm technologies.