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If you have money, you can make energy. Therefore you should spend your capex on the things that will get you the most power soonest. And that is what is happen
by Zigurd 3y ago
If you have money, you can make energy. Therefore you should spend your capex on the things that will get you the most power soonest. And that is what is happening: https://www.iea.org/reports/world-energy-investment-2023/overview-and-key-findings https://www.iea.org/reports/world-energy-investment-2023/ove...
Nuclear is a niche category now. But nuclear technology is a fashionable investment that VC limiteds want in their portfolio. So you get articles like this that position uranium fission energy as "renewable."
- Brian_K_White 3y agoI would think that nuclear is popular with the money class because you can own & control the means of prodution. It requires things that only the existing big boys can afford. Same goes for various battery & solar techs. If they can't prevent solar panels from becoming common, at least they can make sure that solar panels and batteties rely on at least some key ingredients or processes they can own & control access to. Somehow, one way or another, through safety regulation if not through artificial scarcity or patents, there will be no cooking up good batteries or solar panels in garages, and I bet it will never be down to actual physical impracticality.