Imagine how steep that line would be if the fossil fuel lobbies hadn't been fighting it tooth and nail all these years
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Why, for the love of Satan, does this graph have only 2 data points per source?
Why use a line chart 📉 for that?
This is clear bar chart territory 📊.
I know it's not ideal, but a bar chart design could either focus on the difference over time for each source, or the difference between sources at each time. This plot gives a good representation of both the differences between sources and the change in time for each source. It really drives home how far solar prices have fallen relative to other sources and in absolute terms.
And this shows exactly why investing in nuclear is not the answer every tech bro thinks it is. Its far cheaper to built renewable and more importantly far far far quicker.
It is AN answer, but also not the only answer. Generating and moving power around is extremely complex and just seeing "Solar cheaper per Watt" and defining it as the best in all cases is silly. If you changed the axis to be size per MWh, then you would draw a totally different conclusion.
It was the answer. Now solar is so cheap that spamming panels and investing into ways to save the excess energy seems cheaper. By the time nuclear plants are done you're going to be at least 8 years into the future. Solar panels however are directly implementable. And even cheaper now.
Solar still doesn't work at all night, no matter how cheap it gets.
It's not very useful for most of Northern Europe and birth America during the winter months. Even if it was free you'd still need alternatives.
Yup, and you're not going to be able to make enough batteries, and if you could, it would be prohibitively expensive.
There are other options for energy storage, but they all have massive caveats. We'll need something reliable as a backbone until we find a good way to store power.
I'm all for renewables but keep in mind a nuclear plant can produce 24/7 regardless of conditions while many renewables cannot. I don't see an issue with diversification here rather than pointlessly advocating for a one-size-fits-all solution.
A nuclear plant can't "produce 24/7 regardless of conditions". Obviously natural disasters affect them. Nuclear plants need water so any flooding or tsunami can affect them. They also need maintenance because they are very complicated water boilers.
They require a lot of educated people to run them, whereas a wind turbine requires a few guys to check on them sometimes. Solar just requires some dudes to brush off the panels occasionally. That can probably be automated too.
Solar's lack of moving parts is something people overlook, too. Hail storms supposedly rarely damage them, and if they do, you can just replace individual panels.
I'd be willing to bet that the cost of nuclear energy derived electricity is going up because most countries haven't been building new plants for the last like 50 years
Average age of a nuclear power plant in the USA: 42 years
Average age of a nuclear power plant in the EU: 31 years
Average original intended operational lifespan: 20-40 years
To put their age into perspective, the average US nuclear plant was built closer in time to the Trinity nuclear test in 1945 than to today (along with any other plant 39 years or older)
This doesn't prove that nuclear energy is bad, only that slowly degrading nuclear energy technology from decades ago is bad
No it doesn't. Cheap solar is great but even if it was $0, you'd still need some other tech to provide electricity when the sun is down. So it's either gas, batteries, nuclear, etc. but you can't just use solar alone.
And until batteries get good enough, nuclear is the cleanest option we have.
Diversifying our energy needs in case of a crisis isn't a bad idea, but we do need to prioritize renewable energy.
The problem right now is that we need to find better ways to turn renewable energy into stable, reliable power. The power production problem is highly dependent on balancing power generation and demand, and any excess energy must be stored, used, or wasted.
The main benefit of gas/coal/etc. is that we can (almost) always control the output to a close margin based off of demand projections, which are typically updated every 15 minutes. That being said, the drawbacks of using this form of generation are obvious and need to be addressed.
For renewables like solar and wind, we can't always predict the output, so in the larger scale of power balance, we need to supplement it with something that can make up for fluctuations in generation. In the current system, this is from conventional sources.
The goal is to implement a robust energy storage system, ideally one that can hold a huge amount of excess renewable power during the day (largely due to solar), and reliable output that power when it is needed (higher demand at night). I would love to see the day where our nation is fully powered by renewables, and I'm super happy to see that there have been pushes to build up renewables, but the target scenario relies on big advancements in storage.
I would suggest anyone who is interested in what I said to look up "california duck curve solar" for some reading on what challenges solar overgen presents in bright and sunny states.
All that being said... we can do it! I sincerely hope we reach a point where we can phase out dirty generation across the globe, but it will take a lot of time and effort.
source: taking several power systems courses as part of my EE degree
Yeah, solar + wind + highly connected grids can go a long way to balance loads and make up for the intermittent nature of wind and solar.
Dang, it's almost like it was worth all the research money the government crammed into it in the long run, unlike what my dad said to me a million times.
What surprises me, in a way, is that photovoltaics are literally 3,5 times cheaper than just mirrors reflecting light onto a tower. It got REAL cheap. Wish it'd go further!
The installation just keeps getting higher. Now to add onto mine I need a load of additional equipment that was not required when my first lot of enphase inverters was installed. Also what was quoted for the labour and materials that are not the panels and inverters has almost tripled in 4 years. Have to get the roof sorted before I go ahead with it and the higher output panels and inverters mean that I would get about another 1.5kw in the same space compared to my first installation.
Rooftop solar is the most expensive way to do it. The graph above is for utility scale systems. Roofs are always custom jobs and they're priced accordingly. Utility scale uses racks that are all the same for an entire field.
If rooftop was priced alone on the chart in OP, it's be around the price of nuclear.
Sweet, now get the panels and installation cheaper so I can afford to put it on my house
We had a solar salesman come by once and told us he could lower our electricity bill the same amount as it would cost us to install the solar panels.
I knew there was something up with this but I decided to let him continue to talk anyways. He does this whole presentation with solar panels and how great they are for a good 30 minutes.
Finally we get to the money part and he keeps emphasizing that they will lower my electricity bill so the cost of them will be made up there. I push him for the total cost of them plus installation and I about died.
$30,000?!?? They literally wanted me to pay for these for 30 years. As long as my mortgage! Aaaaah!!!!
I had a few come over and I was already in the market for solar so I entertained them for a minute. I told them "OK, give me some invoices for your other customers so I know what you charge. Black out the names, I dont care - I just want the prices of your services and materials". These idiots would not stop calling me or coming over to my house for months. I kept telling them "Unless you give me actual, real world dollar amounts, I won't consider it".
Those solar sales guys are worse than used car salesmen.
Some companies in my area are installing them for free, and taking the utility difference. It’s a novel approach.
Further lowering panel cost isn't going to significantly cut that price. Cost of labor is the major part of that.
People always focus on rooftop solar, but it's horribly expensive compared to a field of panels. The economics of scale will almost certainly keep it that way.
What we should be looking at is community solar, where neighborhoods invest in a solar field together.
Pretty clearly shows why there’s no future for nuclear power.
Even for filling gaps in renewables, peaker plants are getting cheaper and don’t take 15 years to build.
This is always a weird take to me because it always ignores the fact that nuclear has been screwed continuously for decades. If any other tecbology, renewable energy or not, had the same public and private blockers did it would also have no future.
it always ignores the fact that nuclear has been screwed continuously for decades
On the contrary: I'd say it implicitly relies on that fact, which is why the argument that it takes 15 years to build is valid. Because nuclear has been screwed, there's no pipeline of under-construction plants coming online any sooner than that.
It may not be fair that nuclear's been screwed, but that doesn't change history. The only thing that matters is what's better when construction is starting in 2023.
I just installed a 9.3 kW system with individual microinverters under each panel for grid stability and it is absolutely amazing how much you can power all day without threatening a massive bill at the end of the month. I still import power at night, but the power companies usually have agreements where you get credits for all wattage exported to the grid to cover your imported power at night, because both parties win in that contract.
my bill has gone up 89%
Well the electric exec's kid needs a third Ferrari to go with the third Lamborghini they got last year! You're not gonna be so heartless as to deprive a 32 year old child of their birthday wish are you?
Is this just the cost per raw Watt produced?
Is it a fair comparison vs conventional fuel-based power (coal/nuclear)?
Ie: if you wanted to build a plant capable of producing continuously, 24 hours a day, you would need some multiple of solar panels to produce an excess during daylight, and storage.
Not that drastic drops in solar costs aren’t bad, just what would the cost-per-watt be if you had to power an average city on just solar for a year?
Look at the subtitle on the chart, it's levelized cost over the generator's lifetime. So not including storage for any intermittent source like solar or wind
Well you'll never get a "fair" comparison, because the environmental effects are never properly priced into the consumer price.
Thanks, China.
And Germany!
It's frustrating seeing a graph showing the price of electricity going down while my utility prices go up. Does this take into account infrastructure cost?
Government subsidies work for getting new technologies out of the prototype stage and into practical deployment. Solar and wind are both good demonstrations.