Quote:
Originally Posted by Rainger99
Does anyone have any idea how much the energy produced by the microreactors would cost?
Would it be cheaper than coal, gas, wind or solar?
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EDIT:
5MWe (not 50) changes things significantly. These are the new calculations but Ieft the others below for comparison.
$80M for 5MWe continuous for 10 years
produces about 1/2 of the electricity it would take to pay itself off at $0.11/kwh.
Or another way:
If you could sell all 5MWe it produces for every hour of every dat for 10 years at $0.11/kwh then you would take in only $48M
Or one more:
If you could utilize 50% on average of its total capacity then you would need to sell electricity at $0.37/kwh to make $80M in 10 years.
Calculations below based on incorrect MWe
Very rough back of the envelope calculation:
$80M for 50MWe continuous for 10 years produces 6 times enough electricity to pay itself off at $0.11/kwh.
Or another way:
If you could sell all 50MWe it produces for every hour of every day for 10 years at $0.11/kwh then you would take in $480M.
Or one more:
If you could utilize 50% on average of its total capacity then you could sell electricity at $0.04/kwh to make $80M in 10 years
Reality:
- It may or may not cost $80M by the time it's actually ready for sale
- There will be a cost to add it to the electrical grid
- It is very unlikely that you could utilize its entire capacity 24 hours/day