I am skeptical of the SMR-built-in-factories schtick. It sure isn't helping NuScale control costs -- they're up to $15/We now, and it will not be surprising if that goes even higher.

The problem with the subsidy argument is there's no good experience to show that subsidies would do more here than just burn money. Nuclear has not had good experience effects. This is in sharp contrast to renewables and storage.

Nuclear is weighed down by the boat anchor of its historically poor performance.