If it’s a financing issue you’re trying to solve, maybe try financial rather than
Engineer innovations. And if SMRs are just to get around the problem of funding nuclear which is otherwise too massive, what’s there to suggest it’lol ultimately produce cheaper power?
If it’s a financing issue you’re trying to solve, maybe try financial rather than
Engineer innovations. And if SMRs are just to get around the problem of funding nuclear which is otherwise too massive, what’s there to suggest it’lol ultimately produce cheaper power?
Product value should be at least as important as price. Electricity usefulness needs more parameters than just cost/kWe because not all kWe are the same. Some come at the whim of the weather, have no associated inertia, and are only available from distant generators. Others are on demand, come complete with inertia, have associated low temperature heat available at a low cost, and can be directly connected to end users.
IOW, electricity from nuclear plants is a higher quality, more valuable product. Producers should consider marketing it more like BMWs or Mercedes than like Chevrolets.
I would agree that nobody is going to care about a cheaper price unless it delivers good value. There is a nice distinction between the two in German: billig=cheap and günstig=good value for money.
Basic economics though- if something valuable can be had for a lower price, the consumption of it will increase which helps poorer people. Well, it helps everyone, but the poorest benefit the most!
Cost really does matter! That’s ultimately why we need lots of ideas, business plans, technologies, etc. to succeed.
If it’s a financing issue you’re trying to solve, maybe try financial rather than
Engineer innovations. And if SMRs are just to get around the problem of funding nuclear which is otherwise too massive, what’s there to suggest it’lol ultimately produce cheaper power?
Why should the ultimate goal be "cheaper" power?
Product value should be at least as important as price. Electricity usefulness needs more parameters than just cost/kWe because not all kWe are the same. Some come at the whim of the weather, have no associated inertia, and are only available from distant generators. Others are on demand, come complete with inertia, have associated low temperature heat available at a low cost, and can be directly connected to end users.
IOW, electricity from nuclear plants is a higher quality, more valuable product. Producers should consider marketing it more like BMWs or Mercedes than like Chevrolets.
I would agree that nobody is going to care about a cheaper price unless it delivers good value. There is a nice distinction between the two in German: billig=cheap and günstig=good value for money.
Basic economics though- if something valuable can be had for a lower price, the consumption of it will increase which helps poorer people. Well, it helps everyone, but the poorest benefit the most!
Cost really does matter! That’s ultimately why we need lots of ideas, business plans, technologies, etc. to succeed.