Wow. That’s substantially more expensive than I was expecting. It’s been years but we always assumed ~$0.08/KWh for on-site natural gas generated electricity on US based projects.
Right now they are bespoke reactors so that means that they will cost a ton. But if they are turning them out like Toyotas then the cost will drop really fast.
The hope is that it will be similar to the drop in cost for solar that we've seen in the past ten years. Solar originally cost about $0.28/kwh and now it's around 6 cents.
We did some calcs to that effect since we were operating in Australia, and they had a $25/ton carbon tax at the time. If my memory serves, it would increase natural gas costs by ~25%. So it'd likely still be right around $0.10/KWh.
Actually I take that back - our calcs were all based on ~$4/mmBTU gas but I just looked and gas prices have been below $3/mmBTU for years. So $0.08/KWh is probably a worst case even if we had a reasonable carbon tax.
