4 ms·
Not really a renaissance > 6bn fund to help keep existing plants running > [law] made nuclear power eligible for the same tax credits as renewables like wind
by PaywallBuster 3y ago
Not really a renaissance
> 6bn fund to help keep existing plants running
> [law] made nuclear power eligible for the same tax credits as renewables like wind and solar
And the small/modular nuclear projects seem to be going the same way as traditional reactors
> NuScale, a startup building a small modular reactor on inl’s campus, recently said the cost of its project would surge by 75%, to $9.3bn
- pfdietz 3y agoI think it's mostly to keep existing reactors operating. Which is not that far from reasonable, given that solar/wind get some level of production subsidies. A CO2 tax and no renewable or nuclear subsidy would be better, but that's not politically possible.