Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG - YouTube All-in Podcast
jump to nuclear story: China's nuclear buildout, Sacks responds to PG - YouTube
+ alternative view: China is mostly moving to solar & wind
China installs wind and solar equivalent of 5 nuclear power plants per week - YouTube
China installed 1GW of nuclear last year, compared to 300GW of solar and wind
today US has roughly one terawatt of total electricity production capacity
China today has about 3 TW of total electricity production capacity
and about you know 2 to 3% of that is nuclear today for China
and about you know 2 to 3% of that is nuclear today for China
by 2050 the US has projected to build out an additional terawatt to getting us to two terawatts of capacity so we're going to double our total electricity output by 2050
China meanwhile has a plan stated to increase electricity production to
8.7 TW so basically tripling between now and 2050 88% % of their power by 2050
the US is 17 to 25 cents a kilowatt hour
and China is projected to drop their price to less than 6 cents due to the expansion of Renewables and nuclear power
the US cost is about triple what it is in China to build out new electricity capacity
it's cheaper to make electricity and it's cheaper to build new capacity and they're building at an accelerated rate and this really highlights the industrial challenge the United States is going to have in the decades ahead
Gen 4 is the next generation of nuclear power reactors and their next Generation
because they're meant to be much more safe where they cannot theoretically have a meltdown you can't have a nuclear meltdown like you had with Fukushima or with Three Mile Island and to be clear Fukushima was generation two those are the boiling water reactors