But is it usefully dispatchable? Nuclear can be made dispatchable but it's not usefully dispatchable because the costs are fairly similar whether the plant is on or off.
Like nuclear, I believe geothermal has high capital cost and low running costs, suggesting that it isn't usefully dispatchable.
But that's too simplistic. A big limitation of geothermal is that rock has poor thermal conductivity. So once you remove heat it takes a while for it to warm up again. If you're running it 100% then you need a large area to compensate. OTOH, if you're running it at a lower duty cycle you likely need less area.
So if you know the duty cycle in advance, then you can likely significantly reduce costs. Yay!
But that also means that you likely can't run a plant built for low duty cycles continuously for 2 weeks during a dankelflaute. It's likely great for smoothing out daily cycles, but not as good for smoothing out annual cycles. That means it's competing against batteries, which are also great for smoothing out daily cycles, and are very inexpensive.
> I believe geothermal has high capital cost and low running costs
Higher capital costs, but not nuclear high capital costs.
> That means it's competing against batteries, which are also great for smoothing out daily cycles, and are very inexpensive.
It likely would supplement batteries rather than compete against them. A battery buffer would allow a geothermal plant to slowly rise to load and fall as that load goes away.
A very large battery can store 200MWh worth of energy. The largest geothermal plant produces 1.5GW. (A lot of the large plants look like they are in the range of 100->200MW). Presumably those plants can run for more than a few hours which ultimately decreases the amount of batteries needed to smooth out the demand curve.
That wasn't the conclusion, though. The conclusion was that dispatchable geothermal is competing against daily cycling batteries, a competition it's likely to lose on cost.
Nuclear produces very dangerous substances. The long term cost to guard us from them for a million years and the risk that something gets out of control are extemly high.
Solar doesn't? As far as I know the process for mining the panel and batteries is the same sulphuric acid process with extremely toxic tailings. And you get uranium in this process of rare earth mining. These toxins are orders of magnitude greater in risk and in volume/ quantity than process's nuclear fuel waste.
Yes but a very small amount and it is nothing we don't know how to manage.
> the risk that something gets out of control are extemly high
Except this is false, you are just spreading misinformation. I suggest you confront your current knowledge to different sources and listen to the arguments of the proponents of nuclear energy before you make up your mind. Don't just repeat what you have heard.
"At present, atomic power presents an exceptionally costly and inconvenient means of obtaining energy which can be extracted much more economically from conventional fuels.… This is expensive power, not cheap power as the public has been led to believe." — C. G. Suits, Director of Research, General Electric, who was operating the Hanford reactors, 1951.
The C.G suits were right as long as the digging operation is not too costly (the more shallow and concentrated the better)
Fossil fuels are nothing short of a miracle because they are so energy dense, but it's a slow poison and has high addictive power.
As long as we didn't (want to) know about negative externalities (chief among them CO2 and CH4) whose cost was borne by humanity, it was ok. Dirty but everyone seemed to think it was worth it.
The advantages of nuclear is not that it would be too cheap to meter (even though that becomes true with time because most of the price is upfront investment).
- It is that you can get energy independence even if you don't have uranium because it is so energy dense that you can just stockpile it. For example France could run its plants for 2 years with its current stockpile of uranium, and it only recycles around 10% of its fuel. Compare that with its oil needs, the oil stockpile would only last 3 months, probably less.
- It is CO2 free
Bonus: Nuclear industry is required to take of its waste products (which are only waste products insofar are we are too lazy/cheap to recycle them, else they are just more fuel)
Like nuclear, I believe geothermal has high capital cost and low running costs, suggesting that it isn't usefully dispatchable.
But that's too simplistic. A big limitation of geothermal is that rock has poor thermal conductivity. So once you remove heat it takes a while for it to warm up again. If you're running it 100% then you need a large area to compensate. OTOH, if you're running it at a lower duty cycle you likely need less area.
So if you know the duty cycle in advance, then you can likely significantly reduce costs. Yay!
But that also means that you likely can't run a plant built for low duty cycles continuously for 2 weeks during a dankelflaute. It's likely great for smoothing out daily cycles, but not as good for smoothing out annual cycles. That means it's competing against batteries, which are also great for smoothing out daily cycles, and are very inexpensive.