Friday, February 12, 2021

Yesterday Reuters reported that a new 8.2GW offshore wind farm off the coast of South Korea would cost $43 BILLION dollars.

Scientists Skeptical of Anthropogenic Global Warming | Facebook
"...credit to https://www.facebook.com/generationatomic for this work...someone here want to double check the math?
"Yesterday Reuters reported that a new 8.2GW offshore wind farm off the coast of South Korea would cost $43 BILLION dollars. 
Regardless of the ecological impact, is this a good deal? 
Conveniently we know what a South Korean nuclear build looks like cost-wise, as they are just completing one in the United Arab Emirates. 
It's $24.4 billion.
Let's do some napkin math:
$43 billion of offshore wind buys you
8.2 GW * 8760hrs * 50% * 20yrs = 718,320 GWh over its life
$24.4 billion of Korean nuclear (Barakah) buys
5.6GW * 8760 * 90% * 60 yrs =2,649,024 GWh over its life.
16.7 TWh/per billion $ vs. 108.6 TWh/per billion $
  • Conclusion: KOREAN OFFSHORE WIND IS 6.5X MORE EXPENSIVE THAN KOREAN NUCLEAR.
On top of that, today's nuclear plants that were "built for 40 years" in the 60s and 70s are now getting extended to 80 years.
Even 100 years isn't out of the question.
If Korea's APR1400s run for 100 years?
They'll be 11 times cheaper than this offshore wind project. "
https://www.reuters.com/article/us-southkorea-energy-windfarm-idUSKBN2A512D?utm_campaign=trueAnthem%3A%20Trending%20Content&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR1hDPVkkGmUHMv5KIXFblaOW5YgVVmRg8KOE2XdhAGdc37L3vVa118ikMU

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