So after 10-20 years of construction and cost overruns and 10-20 years of operating at a loss you start making money.
And that’s assuming electricity rates don’t drop in that time. Which they are as renewables get deployed more and more because they don’t go 100% over budget in time and money.
If we get started building nuclear power plants now, how much will storage and transmission tech improve before they’re even completed, let alone profitable?
It’s not 10-20 years of construction AND 10-20 years at a loss, it’s 10-20 years of construction at a loss. Not great, but up to 40 years as you suggest sounds a lot worse because it’s a misrepresentation.
So after 10-20 years of construction and cost overruns and 10-20 years of operating at a loss you start making money.
And that’s assuming electricity rates don’t drop in that time. Which they are as renewables get deployed more and more because they don’t go 100% over budget in time and money.
If we get started building nuclear power plants now, how much will storage and transmission tech improve before they’re even completed, let alone profitable?
It’s not 10-20 years of construction AND 10-20 years at a loss, it’s 10-20 years of construction at a loss. Not great, but up to 40 years as you suggest sounds a lot worse because it’s a misrepresentation.