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The financials don't live in a vacuum though. Nuclear is only so expensive because there is a lack of supply chain on reactors and absurd regulations. The aver
by legitster 4y ago
The financials don't live in a vacuum though. Nuclear is only so expensive because there is a lack of supply chain on reactors and absurd regulations.
The average nuclear reactor is over 40 years old(!) and well past due for replacement. So the cost is skewed by unrealistic maintenance demand on reactors that are 3 generations old because we can't politically replace them with anything other than a Natural Gas plant.
Meanwhile, renewables enjoy fast-tracking and subsidies. But keep in mind renewables currently only benefit places that are either windy or sunny. There are going to be diminishing returns as they fill up our power diet. We are still going to need power supplies that can keep New York powered in the winter. Or power that can be turned on/off to meet seasonal demand. So unless we want to keep natural gas and coal plants around indefinitely, we are going to need some amount of nuclear power in the mix.