3 ms·
> If it were really "cost effective" it wouldn't need the constant cheerleading and handwaving. Nor would it need the massive government subsidies. The total s
by Schroedingersat 4y ago
> If it were really "cost effective" it wouldn't need the constant cheerleading and handwaving. Nor would it need the massive government subsidies.
The total subsidies ever spent in solar are about the same order as the subsidy on a single nuclear reactor. That age is now over and most new utility scale projects (the majority of installations) are fully unsubsidized.
It won't even be economically preferable to keep existing gas running soon, let alone run a nuclear plant. Any money spent on nuclear now is just a handout to the builder and a handout to the gigawatts of fossil fuels that money could make obsolete.
https://arstechnica.com/science/2022/09/us-installs-record-solar-capacity-as-prices-keep-falling/ https://arstechnica.com/science/2022/09/us-installs-record-s...
https://www.bloomberg.com/news/articles/2019-09-09/gas-plants-will-get-crushed-by-wind-solar-by-2035-study-says https://www.bloomberg.com/news/articles/2019-09-09/gas-plant...