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China also builds wind, solar, and electrical transmission projects faster and cheaper than Europe. China has lower wages and planners can ignore local objectio
by philipkglass 5y ago
China also builds wind, solar, and electrical transmission projects faster and cheaper than Europe. China has lower wages and planners can ignore local objections to infrastructure projects more easily than in Europe. This leads to better outcomes by the numbers but it's not an unmitigated good.
- cm2187 5y agoIt's not just that. When you build reactors in series, you have economies of scales in term of accumulated expertise, amortising R&D costs, etc. France for instance finished building up its nuclear capacity at the end of the 80s, and every reactor built since has been unique, extremely costly and behind schedule. But the day they will replace their whole estate, the economics will likely be very different.
- eru 5y agoOf course, given public opinion, that day might never come.