Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
$60k per MW or $210M for a nuclear reactors worth (3.5GW). Sure… the reactor will go 24/7 (between maintenance and refuelling down times, and will use less land (1.75km² Vs ~40km²) but at 1% of the cost, why are we still talking about nuclear.
(I’m using the UKs Hinckley Point C power station as reference)
We can’t manufacture and install enough solar farms and storage to get us off of fossil fuel within 20 years and more importantly available investment capital isn’t the limiting factor.
Investments in nuclear power are not taking money away from investments in solar.
We can do both, and it gets us off fossil fuels sooner.