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> You do both. Do both what? My question is, if it's daytime, the sun is shining, and there's a solar provider selling power cheaper than nuclear, why would a
by dale_glass 4y ago
> You do both.
Do both what? My question is, if it's daytime, the sun is shining, and there's a solar provider selling power cheaper than nuclear, why would a rational person buy any nuclear power at all at that point in time?
> Energy companies can get secured loans for low rates.
Not for nuclear, or there'd be more of it!
Think of it, you're a bank and considering the case of a USD $9B loan that nuclear plant's owner will pay off in 20-30 years if everything goes well. And if it doesn't? 30 years is a very long time, especially with renewables now quickly being built.
If you have $9B to work with there's a lot of alternative business plans that don't involve putting all of it into a single piece of infrastructure that may not ever make a profit.