4 ms·
Risk, not uncertainty. The long-term (or even medium-term) pricing situation for renewables is highly volatile right now. It makes investing in new nuclear extr
by beat 7y ago
Risk, not uncertainty. The long-term (or even medium-term) pricing situation for renewables is highly volatile right now. It makes investing in new nuclear extremely risky financially. What if you start building a plant now, expecting a certain energy price to pay for it over decades, and by the time you finish, solar power costs half as much as your target? That could well happen. That's how utility companies go bankrupt.
- rakoo 7y agoSo, yeah, uncertainty about the prices creates a risk that has to be bet on