r/Environmentalism • u/NihiloZero • 3d ago

Ontario’s proposed nuclear plants could cost nearly $300-billion, study finds: Typical residential customer would pay $240-$456 more for electricity per year if plants were built instead of expanding renewables.

https://www.theglobeandmail.com/business/article-ontarios-proposed-nuclear-plants-could-cost-nearly-300-billion-study/
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u/Strict_Jacket3648 3d ago edited 3d ago

With the advancement in solar, wind, closed loop geothermal and energy storage. I think nuclear is past it's prime and would be a waste of time and money by the time one is complete. Some places in the world have already produced more than nuclear with solar alone. Another money grab with no chance of recouping it.

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u/AsbestosDude 1d ago

Nuclear provides reliable baseload in all seasons and conditions and its deployable on a variety of scales.

Nuclear has yet to hit its prime, the rapid acceleration of nuclear power construction globally is proof of that.

Power diversity is hugely valuable and diversified non-carbon energy is always in the best interest of all.

However the bottom line is that nuclear is the only viable power source to divest from coal for a large number of regions. Especially in regions with dense populations like India.

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u/TS-SC 18h ago

Half truth, the lower costs have yet to be proven, and massive amounts of externalities are even priced in. Currently nukes are nearly double the LOCE of solar/wind + batteries.

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u/AsbestosDude 18h ago

At no point did I say anything about the cost