At 11:49 “…There is no such thing as Renewable Energy..……..all energy is free…”
Meaning: The energy locked inside uranium is as freely available to humanity as the energy locked inside the wind and in sunlight.
It only becomes useful to us when we: (i) Procure the rights to land or seabed to ‘mine’ that energy (ii) Build machines to extract the energy and turn it into electricity or heat.
"...according to the Climate Change Committee (CCC), UK low-carbon investment each year will have to increase from around £10 billion in 2020 to around £50 billion by 2030, continuing at around that level through to 2050..."
That extra £40 billion is to decarbonise all sectors.
I make it £31.83 billion [part cost] just to decarbonise the electricity sector following the CCC's recommendations.
But because of the 25/30 years lifespans of WASPPs, the plants being built now will have to be decommissioned and new plants built to replace them.
The £31.83 billion per year, will carry on every year - FOREVER!!!
Advanced nuclear power plants would reduce that figure to £8.41 billion per year:
"...the incredibly cheap cost of wind and solar..."
The reason greenH2 will happen is it's the only way to solve the INTERMITTENCY PROBLEM and get 24/7/365 electricity from WASPPs.
That's why the Germans have committed €9 billion to greenH2 (including €2 billion going straight to Morocco so they can import greenH2 from there).
Plus. the EU are investing €130 billion in an EU wide GreenH2 infrastructure, involving the conversion of 27,500 km of natural gas network for the distribution of greenH2. I'm sure they would appreciate you letting them know about embrittlement - imagine them not knowing about that!
Decarbonising the electricity sector means only low-carbon electricity and green hydrogen (greenH2), manufactured from low-carbon electricity, can get the UK to net-zero. Where electricity cannot be used directly or through batteries, greenH2 will decarbonise the rest: the heating, transport and industrial sectors.
But first, electricity generation has to be decarbonised. In 2019, figures from the BEIS show, from a total 323.7 TWh of generation, Coal and Gas generated 133.4 TWh.
Coal and natural gas (NG) have to go! Biomass for the environmental abomination that it is, should go also! …
In pro-nuclear public comment, I feel the time is right to always mention the imminence of the operational dates for 3 SMRs: GE Hitachi's BWRX-300 (2027); NuScale and Rolls-Royce 2029.
Of utmost importance is to get over the fact that SMRs have build programmes down to 2 years: GE Hitachi 24 months; NuScale 3 years; Rolls -Royce 4 years.
These build periods level the playing field with those of wind and solar power plants (WASPPs) and the cost-of-capital that has crucified 'big nuclear' for decades, is utterly negated.
This means that commercial investors can weigh up the relative profitability from…
Just a few days ago, 06 December 2020, for more than 24 hours, the total installed capacity of the UK’s WASPs, hit a combined capacity factor of 1.6%:
On average, over the course of 2019, WASPs generated 13,800 MW of intermittent electricity every hour of every day. This [on average] was enough to power the 27.8 million UK households, with 2.3 MW [on average] going spare.
But this new record sets an all time low for the number of households powered by WASPs — it was down to 1.44 million, which is almost 1 in every 20 of the present…
NPPs: Nuclear Power Plants; WASPs: Wind and Solar Plants. These are the competing technologies to manufacture green hydrogen to decarbonise all other energy use.
As ‘Leaders of the Free-World’, it will surely happen soon, that the USA join 9 other nations with legally binding net-zero emission targets. After all, China, one of the ‘Leaders of the Remainder’, has made the commitment!
Purely based on the predicted increase in population, the 2019 population of 329,065,000 will expand to 379,419,000 by 2050 and the 2019 electricity demand of 4,177 TWh of pretty dirty electricity will rise to 4,747 TWh.
There appears to…
The World's #1 Fan of the BWRX-300. The lowest cost/MW nuclear power plant (NPP) that has ever been designed or is ever likely to be designed. Build starts 2024