alt Hacker NewsCitizens should take note that no nuclear plants are ever built without many billions in state loans and guarantees.
It's not a cheap source of electricity, it's a way for someone to get money from taxpayers to subsidize their business.
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Energy security is something I expect the government to invest my tax dollars in especially energy generation that is resilient to international politics and reduced carbon emissions.
The estimated levelized cost of electricity changes dramatically with financing cost: from roughly the low-$100s/MWh under cheap capital to well above $200/MWh under high capital-cost assumptions. But wasn't that the case for wind and solar too?
Could we try to make companies compete and reduce a bit the amount of corruption ?
Note that it’s similar with eoliens wind turbines, they are heavily subsidized
Is that meaningfully different than modern coal and natural gas plants?
That's what infrastructure is, yes.
Por que no los dos?
Also absolutely minimum of 20 years to build it.
So this is fixing nothing short term.
..as opposed to other green energy programs that received no government investment?
...or the externality-free fossil fuel industry?
You should take note that you’re uninformed or intentionally spreading false information and misrepresenting reality.
Fact of the matter is it takes a large upfront investment to build a nuclear reactor and it has a longer time horizon before it becomes profitable in comparison to something like a gas or coal power plant.
It comes down to whether or not the country, government, citizens and country have the ability to think beyond a 4 year horizon or not.