Have a look at the availability factors of those 'cheap' Korean nukes, there's a lot of overlap with the capacity factor of offshore wind even including curtailment. Then the running cost differences are enough to pay for the wind farm in about 15 years.
Then also look at the $20 billion dollar 'service' contract for the Saudi one that doesn't include any labour or running costs. It suddenly costs about the same as Hinkley C even before overruns.
Once you look at the total in rather than comparing overnight costs to renewable all in costs, they're the same $8-10 per net watt as nuclear always is anywhere except china - and China's renewables are cheaper by close to the same ratio.
The penetration rates at a given cost favour renewables right up until your peaker gas plants are causing less emissions than the Uranium mine.
Then also look at the $20 billion dollar 'service' contract for the Saudi one that doesn't include any labour or running costs. It suddenly costs about the same as Hinkley C even before overruns.
Once you look at the total in rather than comparing overnight costs to renewable all in costs, they're the same $8-10 per net watt as nuclear always is anywhere except china - and China's renewables are cheaper by close to the same ratio.
The penetration rates at a given cost favour renewables right up until your peaker gas plants are causing less emissions than the Uranium mine.