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I just found out the US DoE fronted $1.4B of taxpayers' money to some utility to turn around and hand over to NuScale. China will mothball its nukes as their p
by ncmncm 4y ago
I just found out the US DoE fronted $1.4B of taxpayers' money to some utility to turn around and hand over to NuScale.
China will mothball its nukes as their power gets undercut by renewables. We have great difficulty mothballing expensive stuff, so instead continue operating them at a net loss for years, making ratepayers or taxpayers pony up the difference.
- BuyMyBitcoins 4y ago>”China will mothball its nukes as their power gets undercut by renewables.” What is the basis for this? Is there any indication from the Chinese Government that this is a real policy or is this just pure speculation?
- ncmncm 4y agoChinese are quite aware of cost disparities, and abandon what is not performing. They do tend to overbuild. They have scheduled a great deal of renewables, but those will not be enough to displace everything else for some time.