This is spot on. The economics is what really kills nuclear. The cost to build and operate a plant vs the revenue you get out of it won’t break even until 25/30 years. Compare that to a natural gas plant that’ll be profitable in ~5 years.
You’d think this is the kind of thing where governments would step in with subsidies, but that gets halted due to oil and gas lobbyists.
This doesn’t have a section for energy storage, which is exploding right now as well. That’s a big part of the story that makes this good news even better.
This is spot on. The economics is what really kills nuclear. The cost to build and operate a plant vs the revenue you get out of it won’t break even until 25/30 years. Compare that to a natural gas plant that’ll be profitable in ~5 years.
You’d think this is the kind of thing where governments would step in with subsidies, but that gets halted due to oil and gas lobbyists.