I'm on PG&E, I wish I could get my electricity for only $0.14/kWh
From what I’ve understood PG&E’s largest problem is the massive payouts and infrastructure upgrades needed from the wildfires, not the cost of the electricity itself.
For Europe overall is 22%.
For modern nuclear power the only nuclear reactor under construction in France is Flamanville 3 which is 6x over budget and 12 years late on a 6 year construction timeline.
Hinkley Point C in the UK is in a similar quagmire and Olkiluoto 3 finally got finished last year after a near 20 year construction timeline.
Politically there's some noise from conservative politicians who can't hold a climate change denial position anymore, but still need to be contrarians.
The problem is the horrendous economics.
The US has zero commercial reactors under construction and this is for one reason: economics.
The recent announcements from the hyperscalers are PPAs. If the company building the reactor can provide power at the agreed price they will take it off their hands. Thus creating a more stable financial environment to get funding.
They are not investing anything on their own. For a recent example NuScale another SMR developer essentially collapsed when their Utah deal fell through when nice renders and PowerPoints met real world costs and deadlines. [2]
[1]: https://www.lazard.com/media/gjyffoqd/lazards-lcoeplus-june-...
[2]: https://iceberg-research.com/2023/10/19/nuscale-power-smr-a-...