alt Hacker NewsAnd yet, even with their buildout the nuclear share of electricity is projected to decline y/y. Because renewables are cheaper.
And yes it does show china can build things, but it also highlights the different calculus of a single party state. They can force people & the state to buy uncompetitive nuclear power (under the banner of energy stability) and not worry about being voted out.
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Moldoteck • yesterday at 6:52 PM
china wants nuclear to provide 10-20% of their needs. If china wants that, they'll achieve it. Nuclear is extremely competitive in china.
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No it's not.
You actually have to build out intermittent renewables much faster than nuclear even for comparable generating capacity due to the much shorter lifetime of the equipment. See Little's Law
https://en.wikipedia.org/wiki/Little%27s_law
China recently signed up to the COP28 pledge to triple nuclear generation. In the same time period, worldwide electricity generation is predicted to rise by 50-100%, so the nuclear share will grow by 50% - 100%.