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by PaulHoule 1709 days ago
There are two problems.

(1) If you could build a nuclear reactor for the sticker price, there's the problem that other energy sources got cheaper, specifically natural gas fired Brayton cycle turbines. To justify nuclear power at the sticker price you need to price carbon emissions.

(2) Nuclear power plants cost many more times to build than the sticker price. Some people blame delays on opposition to nuclear power, but the delays seem intrinsic to the process in industry. AP1000 construction was hung up in the U.S. because it was hung up in China (where environmentalists get shot) and it was hung up there because the factory had trouble make a pump that was supposed to be easier to make.

On one hand you could make the case for a real accounting of the type (2) problem (which I suspect is a game of "Poker" where suppliers quote a lowball price because they know buyers will keep putting chips in the pot.) But I think a more radical approach to the type (1) problem is necessary.