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by looping__lui 1113 days ago
This hand-wavy thinking can and will cause shifts in wealth, prosperity and future of Germany and Europe. Ignoring it or feeling good about it won’t change reality very much like the central banks “laissez faire print money” led to (unavoidable yet very predictable) inflation putting individuals, families, companies and countries in a pretty delicate situation.

Ideology doesn’t replace reality.
1 comments
Gwypaas 1113 days ago
The reality of new built nuclear costing 15 cents/kWh making whole swaths of already existing industries uneconomical? Why would anyone want that?

https://www.lazard.com/research-insights/levelized-cost-of-e...

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looping__lui 1113 days ago
Not sure I understand what you are getting at. Electricity prices in Germany are 45+ cents/kWh.
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Gwypaas 1113 days ago
I would suggest reading up on the difference between the household and wholesale electricity market. German households pay among the most expensive electricity in the EU while the commercial wholesale market is at the lower end.

The difference comes from taxes and fees.

Germany briefly hit 45 cents/kWh last year due to the war. We are getting back to normal and in March the average price was 10 cents/kWh.

In other words, even during the tail ends of winter and war induced supply crunches the average price was too low to support nuclear.

New built nuclear is having energy crisis prices all year around.

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