this post was submitted on 15 May 2024
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the_dunk_tank
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This is both correct and incorrect - correct because this is the reason why there is basically no private nuclear without generous capital financing from the state, long term purchase contracts at a high price and guaranteed access to uranium even if it requires undesirable actions (continued French colonialism, US imports of Russian fuel)
Incorrect because the western nuclear industry resembles more of the military industrial complex model of barely delivering something functional (if ever) for huge costs with overwhelming state financial support
Of course profitability and rate of return is very applicable to solar and wind (wind less so because it's more capital intensive than a community pitching in for a small solar facility) and certainly a factor in the US imposing extreme tariffs