Re:New nuclear plant at Sizewell set for green light
by pfdietz on Saturday October 31, 2020 @08:32AM
(#24950879)
Making plans ignoring where prices are likely to go doesn't seem prudent to me.
Investors are used to operating under uncertainty and placing their bets. The market, which reflects the combined input of all those investors, seems to think NPPs are not a good bet.
The technical issues of storage are unique to particular kinds of storage. There are many different kinds being pushed. Are you saying ALL of them are going to fail? That's a bold position, especially as cheap renewables make the environment more and more lucrative for anyone who can provide better storage technology. We're talking many trillions of dollars here, and the economic incentives will only get stronger as duck curves and CO2 taxes increase.
Investors are used to operating under uncertainty and placing their bets. The market, which reflects the combined input of all those investors, seems to think NPPs are not a good bet.
The technical issues of storage are unique to particular kinds of storage. There are many different kinds being pushed. Are you saying ALL of them are going to fail? That's a bold position, especially as cheap renewables make the environment more and more lucrative for anyone who can provide better storage technology. We're talking many trillions of dollars here, and the economic incentives will only get stronger as duck curves and CO2 taxes increase.