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> No civil nuke plant has ever been operated, anywhere in the world, without massive government subsidies, or by coercing ratepayers to pay well above market ra
by doikor 4y ago
> No civil nuke plant has ever been operated, anywhere in the world, without massive government subsidies, or by coercing ratepayers to pay well above market rates.
Here in Finland we do. They can't coerce the rate payers as the customer is free to buy their electricity from whomever producer they want here and the only government subsidy is helping with the insurance.
edit: For example TVO at Olkiluoto
https://www.tvo.fi/material/collections/20221014135458/HnAXIFOVj/TVO_Credit_Investor_Presentation_September_2022.pdf https://www.tvo.fi/material/collections/20221014135458/HnAXI...
On page 8 you can see that they have been producing cheaper electricity then the average nordpool area price for Finland for the last 10+ years. (and even before that but the graph starts at 2010). The difference is basically what their owners make as profits. TVO does not sell directly to end users. It only sells to its owners at production costs who can then flip that on the market if they feel like it or cover their fixed price contracts (or just use it themselves for the owners that are big energy heavy industrial companies)