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> With the current cost of large-scale renewables

"The project was initiated in May 2008 and gained final approval in February 2009."



Which only raises furher points:

- Nuclear projects have decades-plus lead times. VC Summer units 2 & 3 have been in-process for 23 years, to be abandoned due to both costs and mismanagement. Construction and commissioning remain only a part of the entire nuclear life-cycle.

- Solar and wind power have seen a long-term cost declines since the 1950s. Doubling installations reduces costs by 20% through learning-curve effects. At the same time, nuclear's costs have been increasing. These trends are well-established and must be factored into future projections of presently-planned energy projects. https://ourworldindata.org/cheap-renewables-growth

- Nuclear power, along with most complex and large-scale capabilities and institutions tends to promote corruption and mismanagement, along with tremendous consequences for mishaps resulting from these. Corruption is not a technical problem with a technical solution, it cannot be engineered against. Yes, other energy modalities have seen enormous failures, but, 1) those also arose from mismanagement and corruption and 2) because they were not based on nuclear power the affected regions rapidly recovered, are once again inhabited, and no latent risks remain a statement which cannot be made of the major nuclear incidents expereinced to date.


Apparently most LCOE estimates assume you'll be able to sell all the energy you generate for decades at current prices.

This affects all energy tech, but means new nuclear, which is already uncompetitive with those calculations, is being especially made to look better than it should be as baseload requirements reduce to zero.


Even then the cost of utility scale solar and wind was not that much higher than it is now.


The price trend of renewable energy was entirely foreseeable 15 years ago.




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