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Yes, but at utility level the difference is invest in million increments to 100 million increments for solar(pv) and wind. While gas is in the same range, moder
by jerven 11y ago
Yes, but at utility level the difference is invest in million increments to 100 million increments for solar(pv) and wind. While gas is in the same range, modern coal really starts at the top end of that range and nuclear is just an order of magnitude higher.
Wind and solar projects often get cancelled and restarted, mostly because the risk profiles allow for that. Committing to gas is dependant on existing infra, if there is a good gas supply infra then unlikely to cancel if planning permission ok. Once committed to nuclear, you either finish it or go bankrupt...
Coal is getting to be very risky from a regulatory perspective which is why power company execs don't like adding new capacity.