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That's a joke right? They're $500 billion into their investment in renewables, headed up to double that.
by acidburnNSA 4y ago
That's a joke right? They're $500 billion into their investment in renewables, headed up to double that.
- panick21_ 4y agoStarting in the year 2000. Assuming avg cost of 5 billion $ per APR-1400 and building 50 reactors over a 25 year span. The cost of that would have been $250 billion. Assuming also they would not have shut down their existing reactor fleet. This would basically result in 100% green energy for all of German consumption. If you want to add future proving for electric, cars and trucks, add say 10-20 extra reactor. This results in a increase of the % to GDP ratio from around 60% to around 70% and that debt given reactor live-time of 80 years could have been financed at something like 1% yield. There is no universe where this isn't a better deal for Germany. And P.S: Yes I know the APR-1400 was licensed in 2002 in Korea, I just took it as a reasonable example of a modern PWR.