Re:Nothing like this will be built again (2002)
by Reason077 on Tuesday January 11, 2022 @01:22PM
(#29895450)
> ”if we poured in the same tax dollars and incentives to Nuclear as we are with renewables.”
We do. Modern nuclear plants (for example, Hinkley Point C in the UK) receive enormous subsidies. Far more than renewables projects (eg: offshore wind farms) get on a per-MWh-generated basis.
Or to put it another way, each $/£/€ invested in renewables generates a lot more clean energy more quickly than if that some money goes into nuclear.
That doesn’t mean we shouldn’t be funding nuclear research and trying new things, but for now it’s hard to justify building new nuclear plants when better alternatives with better economics/ROI are available.
We do. Modern nuclear plants (for example, Hinkley Point C in the UK) receive enormous subsidies. Far more than renewables projects (eg: offshore wind farms) get on a per-MWh-generated basis.
Or to put it another way, each $/£/€ invested in renewables generates a lot more clean energy more quickly than if that some money goes into nuclear.
That doesn’t mean we shouldn’t be funding nuclear research and trying new things, but for now it’s hard to justify building new nuclear plants when better alternatives with better economics/ROI are available.