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Sure, but "just build nuke plants cheaper" isn't really a viable plan when you need electrons tomorrow. There's a well-known issue in the West that we've lost t
by mikeyouse 1y ago
Sure, but "just build nuke plants cheaper" isn't really a viable plan when you need electrons tomorrow. There's a well-known issue in the West that we've lost the ability to build large projects on budget or schedule and there a million reasons for it, but none of it really matters to people buying power.
As of today, if you had $20 billion and had to choose between maybe generating your first watt from nuclear somewhere around 2040 if things go well or just building 15,000 3MW wind turbines that could start generating power next year and will have over a decade of revenue coming in before you see the first dollar from the nuke - investors make the obvious choice.
- wakawaka28 1y agoOne does not "merely" manufacture and install 15000 3 MW wind turbines lol...
- mikeyouse 1y agoI’m sure I dropped a 0 somewhere and the math works out to be 1,500 turbines - but China installed over 5,000 turbines last month.. so even the larger number isn’t too outlandish