Re:Germany to Rethink Nuclear Shutdown as Energy Crisis Deepens
by ZeroGravitas on Tuesday July 19, 2022 @06:09PM
(#32158628)
Your aticle explains why not:
> Financial concerns may also deter investors from putting money into nuclear. Plants have vast up-front costs, and there is a long wait for profits due to lengthy development and construction times, particularly in comparison to renewables. Recent new-builds, including the Finland's Olkiluoto nuclear plant, France's Flamanville 3 and the U.K.'s Hinkley Point C, all suffered from huge delays and cost overruns.
> Such issues further complicate both efforts to raise investment for nuclear and policy makers' reliance on the technology to meet environmental goals.
> Financial concerns may also deter investors from putting money into nuclear. Plants have vast up-front costs, and there is a long wait for profits due to lengthy development and construction times, particularly in comparison to renewables. Recent new-builds, including the Finland's Olkiluoto nuclear plant, France's Flamanville 3 and the U.K.'s Hinkley Point C, all suffered from huge delays and cost overruns.
> Such issues further complicate both efforts to raise investment for nuclear and policy makers' reliance on the technology to meet environmental goals.