One only has to look up the wikipedia page of the finnish reactor that just came online. Planning started 2005, with an estimated completion date of 2010 for a flat 3bil. Euros. In the end it took 18 years and 11bil. Euros. And now it shuts down during the summer as it can’t compete with renewables.
The earthquake has very little to do with the lack of new nuclear power plants. They simply cost too much, take too long to come online and take too long to turn a profit to be seen as viable, when renewables are already cheaper and less risky and are set to become even less expensive, all the while storage capacity becomes cheaper too.
One only has to look up the wikipedia page of the finnish reactor that just came online. Planning started 2005, with an estimated completion date of 2010 for a flat 3bil. Euros. In the end it took 18 years and 11bil. Euros. And now it shuts down during the summer as it can’t compete with renewables.
Meh I’m sure nuclear could or would have it’s place, I just don’t know if anyone wants to take the risk now since the earthquake in Japan
The earthquake has very little to do with the lack of new nuclear power plants. They simply cost too much, take too long to come online and take too long to turn a profit to be seen as viable, when renewables are already cheaper and less risky and are set to become even less expensive, all the while storage capacity becomes cheaper too.