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If you can raise $1B/year for 10 years for an energy project, to build nuclear, you'd have to wait roughly 5 years to accumulate enough capital to start constru
by mikeyouse 11y ago
If you can raise $1B/year for 10 years for an energy project, to build nuclear, you'd have to wait roughly 5 years to accumulate enough capital to start construction and then it'd be at very least 5 more years before you got a dime in revenue. If you wanted to deploy solar, you could buy $1B/year off a manufacturing line, start earning revenue from day 1, and start making payments to your investors.
- toomuchtodo 11y ago> If you wanted to deploy solar, you could buy $1B/year off a manufacturing line, start earning revenue from day 1, and start making payments to your investors. IE What SolarCity is doing with their SolarBonds and the solar panel factory they bought in upstate NY.
- martinald 11y agoUnderstand your point - but you can split nuclear into smaller phases too and phase them in. Solar and wind aren't immune to this either. You don't want to generally build things say 10MW at a time - that would require 100 rounds of planning, regulator approval, engineering design and the like for a big utlity scale solar and wind plant. You generally do it in big chunks too. And there have been big holdups especially in getting grid interconnect.