this post was submitted on 22 Aug 2023
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191
New research shows renewables are more profitable than nuclear power (www.pv-magazine.com)
submitted 1 year ago by [email protected] to c/[email protected]
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New research shows renewables are more profitable than nuclear power::In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.

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[–] [email protected] 7 points 1 year ago

The trick with the economics of nuclear is that building it is the main cost, once the plant is operable the cost is much lower than other sources. So by the time you have a working plant, you might as well use it to get value out of it since you have already paid for it.