4 ms·
Another aspect of the economics is that renewables are cheaper yes, but their capacity can also be built out incrementally year by year whereas with nuclear the
by sunstone 6y ago
Another aspect of the economics is that renewables are cheaper yes, but their capacity can also be built out incrementally year by year whereas with nuclear the construction risk is very high often taking decades before the plant is commissioned. With renewable's costs dropping consistently year by year who wants to take a chance on nuclear being competitive fifteen years from now when it's finally built? Nuclear's economic window of opportunity has almost entirely shut at this point. Though niche applications for small reactors in remote locations may be viable.