For all of the base-load talk, this is the real reason people are pushing nuclear.
The projects always go over budget. They always go way over time, too. Both of these things are good for the banks who loan out the billions to build new plants. And they know that if the company goes bankrupt the government will subsidize it.
Nuclear is just not economical enough to be part of a sustainable energy system.
For all of the base-load talk, this is the real reason people are pushing nuclear.
The projects always go over budget. They always go way over time, too. Both of these things are good for the banks who loan out the billions to build new plants. And they know that if the company goes bankrupt the government will subsidize it.
Nuclear is just not economical enough to be part of a sustainable energy system.
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It’s chicken and egg. We have no experience building nuclear on budget because nuclear is too expensive.