If we’re talking pure cost basis natural gas beats everything at the moment.
I quoted $13.50 for pure solar, $36 for solar plus storage from Xcel in CO (https://www.greentechmedia.com/arti...solar-plus-storage-price-in-xcel-solicitation). The storage costs the same anywhere, and the difference in MWH/MW of installed solar between Boulder CO and Trenton NJ, for example, is less than 10% (you can play with the numbers at https://pvwatts.nrel.gov/pvwatts.php). The question remains, what is the levelized cost of the latest greatest nuclear technology even if it meets the wildest dreams of it's inventors? If it's more than $36, or if you want to go worst case with the NE and say somewhere in the $40 range, then it's really dead in the water and from a purely financial perspective there's no reason to waste more money on it. Again that's before we talk about the massive cost overruns that virtually anything associate with nuclear has historically seen (V.C. Summer anyone?) and the hidden costs of waste storage and the agencies that support nuclear. And it's before we take a look at both the solar and storage cost curves and realize we're talking about something that has dropped in price by 20% or more every year for a decade and the $36 price is a real, mature product being planted in the ground now. How much cheaper will it be when this nuclear tech is ready for full scale production? The solar industry learned this the hard way with all the venture backed material science companies in the 2007-9 timeframe that just got bypassed by that relentless cost curve. Solar may slow down in the price decreases but storage is just starting down that same curve.
If they have realistic sub-$30 levelized costs and reasonable expectations of a cost curve reduction I'd be all for it. I just not only haven't seen that, I haven't seen any pro-formas at all showing levelized cost. I'm not anti-nuclear at all, I still think we should be sinking pure research dollars into controlled fusion for example. I just think fission reactors are a dinosaur that's not worth pursuing purely on a cost basis. Funny, I seem to remember the nuclear and fossil fuel industry used to use that line, right up until they were no longer the lowest cost.....