General Flashcards
US Annual Power Production
4,200 TWh / yr
(~37% implied effective capacity factor)
US Power Gen Capacity
1.3 TW
or
1.3 million MW
Nuclear share of global output
10%
Number of nuclear plants in Africa (2023)?
One. In South Africa
Nameplate capacity: 2 x 970 MW (1,940 MW)
Capacity factor: 80.4%
Extent of Sub-Saharan Africa population without electricity
Half of population: i.e., 600mm people
Wiki: population of Sub-Saharan Africa was 1.21 billion. The region is made up of 53 countries,
Nuclear share of US production?
~20%
Nuclear share of US installed capacity
95GW or ~8% of installed capacity
Existing US installed nuclear capacity in terms of SMR equivalents (300MW each)
100 GW / 300 MW = 333 SMRs
Cost to build large scale nuclear ($/kW)
History suggests $6,000-$12,000 per kW all-in. i.e., $6-12bn for a single 1GW plant
Implied cost to re-build existing nuclear fleet at $6,000-$12,000/kW
100 GW * $6,000-$12,000/kW = $600B (low end) to $1.2T
South African (nuclear) power company
Eskom (Electricity Supply Commission of South Africa)
Public: US$52B assets
Number of commercial nuclear plants in US
54 nuclear power plants in 28 states with 93 reactors
Average nuclear plant size, US
95 GW over 54 plants = 1,800 MW
(Simple: 100 GW over 50 plants = 2 GW)
US population
333 million
US households
133 million
Capex to replace existing nuclear fleet with 300MW SMRs at FOAK cost
Existing: 100GW nuclear
So 333, 300MW SMRs
…Capex at $5bn each: ~ $1.5T+
Number of coal plant sites in US
> 200
Microsoft market cap
$3.1T
Approx cost $/kW of FOAK SMR
$5-10B for 300M = $16,000 - $32,000 /kW (i.e., twice the rough historical cost range to build existing large scale plants)
Texas population
30 million
NYC population
9 million
NY State population
20 million
California population
40 million
Number of people gained in TX per day
1,300
(per Sempra IP April 2024; source: Census)
Texas peak demand (summer ‘23)
85 GW
Nuclear reactors globally
442
Global annual capital required to effect the energy transition?
McKinsey (2022): $9.2T/yr thru 2050 (up from current run rate of $3.5T) — alternatively they also say (?) a $1T increase per year vs business as usual
IEA says spending would increase to $4T/yr vs $2.8T current run rate
Deloitte: $5-7T/yr
Global GDP?
~$105T
US GDP
$27T
China GDP
$20T
Germany GDP
$4T
India GDP
$4T
Japan GDP
$4T
Saudi GDP
$1T
Canada and Mexico GDP
Canada: $2.1T
Mexico: $1.7T
Combined market cap of all US public companies
$50T
Estimated market cap of private capital backed companies
Private capital backed:
PE-backed $3-4T
VC-backed: $3-4T
Source: Pitchbook
Random guy on internet: $30T all private cos