4 ms·
EDF debt is 50bn now. And it's debt/ebitda is healthier vs german eon/rwe. Germany is subsidizing transmission+eeg by 24bn/y. I.E. Germany could repay entire ED
by Moldoteck 4mo ago
EDF debt is 50bn now. And it's debt/ebitda is healthier vs german eon/rwe. Germany is subsidizing transmission+eeg by 24bn/y. I.E. Germany could repay entire EDF debt in 2y... Needless to say in capitalism debt is ok if ebitda is good, unless you think Apple is a failure
Asse was an experimental facility without a plan of what to do if experiment doesnt work out. 75% of the waste there is medical+research sectors. Nobody died from Asse incident nor will.
Most of sellafield costs are from weapons testing era
Vatenfall in Sweden said this because Sweden has already cheap electricity prices due to existing hydro+nuclear. More nuclear without proper demand means losses. Still, Sweden will have new nulcear https://www.world-nuclear-news.org/articles/swedish-new-nuclear-project-selects-rolls-royce-smrs https://www.world-nuclear-news.org/articles/swedish-new-nucl...
The bottom line is France with nuclear has far lower household prices vs Germany without it, far better emissions, decarbonized far earlier, spent on entire fleet half of what Germany spent on EEG, the gap getting wider each year
you are acting like there's some race that needs to prove things. But the race already ended. A combo of ren+nuclear gives far better results. It was proven in Sweden. It was proven in France