2 ms·
Yeah While on one hand I am supportive of more money going to clean energy tech / infra build out, I can’t help but be disappointed that this legislation ISN’T
by clomond 5y ago
Yeah While on one hand I am supportive of more money going to clean energy tech / infra build out, I can’t help but be disappointed that this legislation ISN’T technology agnostic.
We are at the point now where there are enough “options on the table” (solar, onshore offshore wind, hydro, nuclear, various storage applications ) that incentives should go towards the cheapest “clean electrons”, regardless of technology. This way the money contributed as subsidy can go the furthest distance.
Nuclear power’s Achilles heel on the economics side are particularly problematic for new builds. With increasing construction costs (compared to declining solar and wind), an almost 10 year timeframe to build out, and potentially half a century operating lifespan, it can be hard to ultimately pencil out. That said, nuclear refurbs and upgrades of existing setups is probably a better direction, even if life extension is likely to be more limited.