5 ms·
You will not see lower prices because the true costs of nuclear are hidden in centuries to come and not included in the costs shown today. Nobody presents the a
by Kon5ole 4y ago
You will not see lower prices because the true costs of nuclear are hidden in centuries to come and not included in the costs shown today. Nobody presents the actual cost of nuclear because nobody knows. Estimating costs even decades in the future is impossible, let alone centuries.
EDF had 50 bn euros in debt and also needs to spend unknown bns more to fix aging plants.
This means that nuclear power in France has operated with an average of at least 1 billion euros in losses per year for as long as it has existed. The costs per kWh for French nuclear power have never been correct, since they have obviously not covered the actual costs.
You are correct in that the taxpayers pay for nuclear, and this is on top of and in addition to what they directly pay for the electricity. What they pay for the actual electricity is way too little to cover the costs of nuclear.
The rest of the costs are hidden in general taxes. Everybody pays for nuclear in France, and they will pay for as long as they live and as long as their children live and so on for generations.
The same is true for coal and oil etc of course. We have no idea how much it actually cost humanity to release fossil carbon into the atmosphere, but it's pretty clear by now that it was much more expensive in reality than what we paid when it happened.