this post was submitted on 28 Dec 2023
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Yeah, no. I used to be pro-nuclear. Then I looked at how the economics have changed over the last 10 years, and I changed my mind like you're supposed to when presented with new information.
I like how governments are supposed to shit their money out of the window to support renewables with billions in incentives but when the matter is investment in nuclear power suddenly it's unsustainable economics. Let's ask Germany how their 600+ billion euro "energiewende" is going shall we?
Nuclear got tons of subsidies. Lots of those plants were built for the dual purpose of energy and making bombs. It's unlikely the United States would have half the reactors it does if not for the Cold War.
At this point, it's a matter of what's most efficient for energy alone, and that ain't nuclear. Take out every subsidy in every form of energy, and the people with money to invest will put it all in wind and solar.
Right now the comparison between France (61 GWs of installed nuclear) and Germany (130+ -!!!- GWs of installed renewables) is disastrous. Their choice to phase out their remaining plants was criminal but the policy is dumb in general, tying themselves to coal and gas power for the realistic future. I'm very curious to see when (or if) they'll ever get to the same emission levels and how much time and money they'll have wasted by then.
BTW. Nuclear Power Plants pay themselves up in decades of operation. Of course a privateer is not extremely keen in this kind of investment. That is exactly why countries are supposed to invest in strategic infrastructure, which are partly indirectly financed by privateers through treasury bonds.
I agree shutting down fictional nuclear plants is dumb. Doesn't mean we should build new ones.