"...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 $
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
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.
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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