Thought for the Day

Development Costs of Renewables – A Historical Perspective

thought for the day . . .

The development of civil nuclear power took over a decade of intensive government research and sponsorship from 1945 to 1955, culminating in the world’s first commercial nuclear power station, Calder Hall, opening with a miniscule 50 MW capacity.  By 1960 world installed nuclear capacity was only 1GW.  We can only guess what the accumulated costs to the public purse were by this time.

I wonder what today’s renewables sceptics would  have had to say about that – 15 years of very expensive development for 1GW capacity.