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booiyesterday at 6:41 PM4 repliesview on HN

$5.6B actually sounds like a good deal. It outputs 2GW+ of power. While solar is definitely cheaper for 2GW of power, you still need batteries for when the sun is down. So you probably need approximately 30GWh of batteries to just replace this one power plant. The batteries alone would cost nearly $7B of grid-scale batteries that must be replaced every 20 years.

Ignoring the fact that the nuclear plant already exists, this still seems like the right way to go mostly because it's impossible to build this nuclear power plant for $16B in the US anymore (or so it seems).


Replies

boznzyesterday at 8:09 PM

Due to increased regulation etc you cannot just translate 1985 $, £ or Euro to a 2026 one. There is an actual example in the UK Hinkley Point C current estimate $43b, (£35b) where as sizewell B commissioned in 1987 was $3.2b billion (£2b) or about $7b in todays $. This is probably the worst example but makes the point.

throwaway2037yesterday at 7:10 PM

    > $5.6B actually sounds like a good deal. It outputs 2GW+ of power. 
I don't understand. Are you talking about 1985 dollars of 2026 dollars?

After some research, I learned that thermal powerplants (coal/gas/oil) completed in 1985 cost about 0.8B to 1.2B USD per GW. 5.6B USD in 1985 for 2GW sounds like a terrible price -- at least twice the cost.

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hnavyesterday at 8:11 PM

assuming 300 days/year, 1c/kwh and ignoring opex that's $150m worth of electricity per year.

saltyoldmanyesterday at 8:58 PM

7B for the first set of batts.

Then 7B in 2046 money which is probably $15 today.