LCOE alone would not be enough to justify a utility IRP (the formal proceeding which a utility is generally required to receive guaranteed return on their assets by charging ratepayers). From a high level, the two factors that are not addressed by LCOE alone are: (1) resource adequacy and (2) grid stability (voltage and frequency stability). The problem for nuclear is, the arguments for it in these contexts also apply to natural gas-fired power plants, and gas combined cycles are much more economical. The exception to this would be in a high CO2 tax scenario; however, even in this scenario, gas is still likely to beat nuclear, there will just be more of an emphasis on peaking plants vs combined cycle plants.

Also, above post regarding China is probably true. The reason nuclear is so expensive in the US is because of prohibitively expensive regulations (which likely won’t change in our lifetimes) but the reality is different in Europe (slightly) and probably China

Anyone having issues with XMETD shares? My old shares didn’t convert to the new name and didn’t reverse split. I still have a ticker with a bunch of numbers showing the old share amount and price. This is TDA btw. Going to contact customer service.

Edit: NVM. Saw posts from last page with same TDA issues. As long as it’s not tanking where I’m unable to unload. Hopefully, this resolves soon.

Was just about to breakeven from the selloff 2 weeks ago, but down 6% again. Hoping for a good rest of the week, but feeling uneasy for my port.

Do you think natty gas will be heavily pursued in the future around these parts? Feels like it's already being shunned by the ESG movement -- my Nuclear bull stance goes along with the lacking emphasis on natural gas for that reason and the need for a substitute that generates power consistently and reliably

Yeah this definitely varies hugely by region but uranium miners can thrive as long as there's demand somewhere. Canada is home to the third biggest nuclear facility in the world, the Bruce facility out in Ontario, so I'm sure the economics somehow make sense here. But they also pay far less than O&G (almost went to work there in 2019), so I can imagine their profit margins are much lower.

This nuclear topic is an interesting one. Agreed with the difficulties of near term growth for the industry in the US. Also agree with China probably having a zero fuks attitude about it.

So anyone thinking uranium is bound to boom, what’s your estimated timeframe for that? 6 months? 1 year? 5 years?

I just checked out URA looks like it’s dipped quite a bit since 2011.

I personally think gas will play an important role in the US electric grid through the 2030s. I think cheap batteries would solve almost everything (that is - the resource adequacy and grid stability components of a highly renewable grid), but that likely won't happen until the 2040s. In regards to the ESG movement - new gas-fired combined cycles are receiving a lot of pushback from investors today. Many investors simply don't want to build new gas-fired combined cycles, the risk of being stuck with a stranded asset is too high. The idea being that these plants are financed over 30-40 years, and no utility or economic consultant can say with any modicum of certainty that any investment in a new gas-fired combined cycle power plant today will be made whole by the energy markets over its lifetime.

Also, if gas-fired combined cycles aren't ESG friendly, I think gas-fired peaking plants are the next solution. The grid of the future, in my view, is primarily powered by onshore & offshore wind, utility-scale and residential-scale solar, as much storage as can be economically deployed, and gas-fired peaking plants to power the grid in the relatively limited number of hours where wind/solar/storage alone cannot power the grid. Gas-fired peaking plants are expensive to run (the LCOE chart is accurate in this regard) but with the number of hours the grid would be able to survive mostly on wind/solar/storage compared to the number of hours the peaking plants would run, the cost would be reasonable and there would be next to no environmental impact

Basically, if worst comes to worst, fire up the peakers. But on average, the peakers won't have to run enough to justify a more expensive power plant that would be more efficient to run as a baseload unit

Awesome comments by the CEO of Palantir

https://www.cnbc.com/2021/03/16/pala...erm-focus.html


Key points:
- Palantir Technologies CEO Alex Karp on Tuesday criticized Wall Street, saying it puts too much emphasis on near-term gains.


- He said it is “one of the most destructive, corrosive attributes of an otherwise interesting and largely functioning system.”


- The comments were made during an event hosted by The Executives’ Club of Chicago, portions of which later aired on CNBC’s “Closing Bell.”



Worth a read...

I am waiting for everything to fall down before I buy another dip.

Getting my stimulus check on Friday. Yeahhh

Lol, sorry nooberino, but you can go back over a decade into these threads and see the same sad story being pitched for uranium.

Lol this is why a trade exists. We’ll see in 2 years.

I have heard its a mid term play, like a 2 year time frame. uranium prices keep increasing because of the limited supply and soon enough it will get much higher

RIP Plug. Any holders here? Buy this massive dip or is this a falling knife?

So apparently plug had some accounting errors, not sure why that would cause such a massive drop.

Came here to say RIP. I only have 20 shares . I won't take the dip because I think that stock is over.

U wot m8?

They can't be trusted now

any other *******s in to buy some sweet ass dipsdo you have any links to individual studies indicating a uranium shortage, reddit shilling aside?

another bloodbath day... fuuuuuuuk

tesla can keep dumping please. makes me feel better for selling at a measly 600 the other week lol

Another week of gains gone. What's the point of holding anymore? Market just dips before JPOW speaks like clockwork now. Might as well just swing trade, sell and buy back in after he's done talking.

rip

every-time the yield goes up or jpow talks we seem to get fuked big time

I am new to this stock game so still not used to the up and downs

It is going to be a bloody market.

Buying more MSGN

This is what happens when you let an authoritarian fascist regime cheat their way into power

And Biden's getting ready to push tax hikes. Surely this is all good news for investors.

for those who voted biden: you literally voted for this lol

LMAO at all these paniccels in here.


J Pow will say what he has been saying for the last two months. Markets will close flat or slightly red after a mid-day turn around when all the paniccels are done selling and tutes laugh at them.

'Most likely. This market needs constant reassurance from daddy JPow.

Still hate waking up to seeing my account deep in the red.

apple and tesla being hit hard today.

Biden runs the stock market?

My angus is peppered for some sales broyos!

he makes policies that affect the stock market