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by pravus
957 days ago
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> I get that we -need- electricity at night. But frankly, there is zero incentive for me to put my billion there. Its high risk with no reward. That's why we aren't getting nuclear right now. Once the regulatory hurdles come down and all of these questions get answers it'll be clear how to make a return on nuclear investment and that will attract investors. Also, solar (and all other "renewables") are only quick to build assuming you have raw materials. We are probably going to be hitting a raw materials crunch soon because virtually all new technology is pulling from the same resource pool (copper, molybdenum, nickel) and cheap extraction is effectively gone. Also, from an investment point of view, I'm not sure why you'd prefer a more volatile commodity. All commodity markets were set up to reduce volatility and base-load power is a huge reduction of electric grid volatility. You are telling me you'd prefer a world where you have intermittent failures because you could set it up more quickly than have reliable, constant, always-on base power for cooling/heating, food, hospitals, etc. Most people think that's a bad trade-off, hence the desire to have nuclear become the base-load provider fuel of choice. |
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