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A comment on Google Funding Construction of Seven U.S. Nuclear Reactors. Parent comment

Re:Google Funding Construction of Seven U.S. Nuclear Reactors by Tostino on Monday October 14, 2024 @05:07PM (#41842025)
This is de-risking the other way. It allows the energy companies to build their infrastructure without worries that they will get undercut by a competitor and be stuck with overbuilt infrastructure and no one to sell to.

Without that commitment, the investment doesn't get made into the new power generation. Margins in that industry are much lower than in tech.

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Re:Google Funding Construction of Seven U.S. Nuclear Reactors by patmorgan23 on Monday October 14, 2024 @09:56PM (#41844168)
Yes, it gives them some firm future revenue numbers to work with. They can take this agreement and get financing to pay for the actual construction needed.
[ Parent | on HN ]