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by jillesvangurp
1120 days ago
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Depends; a lot more expensive typically. But the real challenge is the process of getting any nuclear built in a hurry. This seems to be a process that is measured in decades; not months or years. And given the cost, is not something that seems to be very popular in any case right now. Wind and solar are much more popular. The cost is much lower, plans are easy to get approved because there is very little controversy (other than some level of NIMBYism) and you can be up and running pretty soon after. And a useful side-effect of investing in renewable technology is that it can be exported. German companies like Siemens and others are making quite a bit of money with this. That's a good thing in times of recessions. Germany's heavy industry will end up going cold turkey on fossil fuels because of cost and climate. This is short term very disruptive of course but that also means a lot of money is being invested in alternatives. Which of course is something Germany can export as well. Germany might come out fine. |
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more expensive to operate existing plants that were already paid for a long time ago? i could never understand the shutting down part.