1. There is no long term storage facility anywhere in the world for nuclear waste. Nuclear proponents don't get to wave away waste until there is an operating long term waste repository or reprocessing facility. Short term on site cask or cooling pond storage doesn't count.
2. Nuclear, even state of the art tech, is not cost competitive against renewables or natural gas [1].
3. The time to build generators is measured in decades, not months of years. Investors don't want to invest without sovereign guarantees, both on the bonds and the facility itself. An enormous amount of investment is pouring into renewables.
It is a fine technology for your military navy, but a terrible technology for commercial electrical generation. Wind, solar, and storage are going to carry us to 100% renewables at this point. China installed almost 12GW of solar PV generating capacity in December 2019 alone [2].
2. Nuclear, even state of the art tech, is not cost competitive against renewables or natural gas [1].
3. The time to build generators is measured in decades, not months of years. Investors don't want to invest without sovereign guarantees, both on the bonds and the facility itself. An enormous amount of investment is pouring into renewables.
It is a fine technology for your military navy, but a terrible technology for commercial electrical generation. Wind, solar, and storage are going to carry us to 100% renewables at this point. China installed almost 12GW of solar PV generating capacity in December 2019 alone [2].
[1] https://www.lazard.com/media/450769/unsubsidized-analysis-ce...
[2] https://reneweconomy.com.au/china-installed-30gw-of-new-sola...