Offshore wind is cheaper than coal in China now. Which also makes it much cheaper than nuclear in China.
Onshore wind is only very slightly more expensive than solar in China too, most projects overlapping in cost ranges, both roughly half the cost of coal.
This is reflected in their deployment numbers, which also feeds back into cost reductions.
Offshore wind is cheaper than coal in China now. Which also makes it much cheaper than nuclear in China.
Citation needed.
China reportedly builds the CAP-1400, a localized and uprated version of the passively safe Westinghouse AP-1000, in 5 years and for around $3.5 billion.
Serial production of a known-good design with a savvy workforce rocks!
If those reported numbers are correct, which I cannot verify, they can profitably sell that electricy at 2 cents/kWh or below.
Comments
Offshore wind is cheaper than coal in China now. Which also makes it much cheaper than nuclear in China.
Onshore wind is only very slightly more expensive than solar in China too, most projects overlapping in cost ranges, both roughly half the cost of coal.
This is reflected in their deployment numbers, which also feeds back into cost reductions.
Citation needed.
China reportedly builds the CAP-1400, a localized and uprated version of the passively safe Westinghouse AP-1000, in 5 years and for around $3.5 billion.
Serial production of a known-good design with a savvy workforce rocks!
If those reported numbers are correct, which I cannot verify, they can profitably sell that electricy at 2 cents/kWh or below.