Lol, no. Électricité de France is being re-nationalized by the French government due to their terrible financials. Areva/Framatome needed cash injections to avoid creditor protection. Westinghouse did have to file for creditor protection and almost took down parent company Toshiba, but they were sold off at a loss to a private equity firm.
Nuclear only looks good on an operational basis. Once you add in construction and refurbishment/decommissioning costs, it looks far worse.
His figures are ridiculously optimistic for nuclear, $6000/kW and 6 year construction times.
Flamanville-3 and Olkiluoto-3 were both 12 years over their 5 year construction schedules. They were supposed to cost €3.3B and €3B respectively for 1650MW. Flamanville is expected to end up somewhere over €20B (€12000/kW), and Olkiluoto is somewhere around €11B, only due to ‘not to exceed’ limits in the supply contracts.
Hinkley Point C has gone from £16B to near enough £30B for 3200MW (£9400/kW)
It was the same with Vogtle 3 & 4. The preliminary budget of $12B, was changed initially to $14B at the start of construction. It’s now somewhere around $30B and 7 years late. The two AP1000s have a combined output of 2200MW ($13000/kW).
V.C.Summer 2 & 3 was a similar pair of AP1000s. Costs went from $9B to $23B when the project was cancelled mid-construction.
Wind and solar are far faster to deploy, and typically on or near budget. The new, much cheaper redox flow batteries (100 MW/400 MWh for $266M Dalian, China) are capable of smoothing intermittency in areas without hydro, which can perform a similar function.
Edit. I should add that as of 2021, the global average for onshore wind is roughly $1300/kW. Prices continue to fall as new designs are introduced.
You said rape twice.
At one point we had a remote office in a bank. One of my coworkers, W, had a pretty severe intestinal condition.
Anyway, I’m using the facilities, and one of the bankers comes in and heads to a stall. His phone rings while he’s in there, which he answers. It’s obviously a work call.
By this time, I’m heading over to wash my hands, just as W slams open the door with an panicked look. He violently shoulders open a stall, drops trousers, and unleashes just an absolutely unholy flume of waste, accompanied by a couple of mercy flushes.
“Uh, I’ll call you back”.
I’m assuming lessons were learned that day.
Torx or Robertson, are the only ones worth a damn.
Vogtle ended up at roughly $13,000/kW. On shore wind globally is averaging roughly $1,300/kW. Grid-scale batteries are running roughly $3,000/kW, then add in for how much ride-through you expect to need.
Depending on local conditions, you can build out 10x as much wind capacity as you need, or various combinations of wind + solar+ batteries and still end up less expensive and with a faster deployment time than nuclear.