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Comment by epistasis

In the US, it's mostly can't. The last attempt caused massive risk to Toshiba as its subsidiary Westinghouse was destroyed by its attempts.

In the UK, at Wylfa, it's more "won't", Hitachi just refused to go forward with a new build, since it couldn't find external investors despite very generous guaranteed pricing for its energy.

https://www.bbc.com/news/uk-wales-54158091

At least, it appears to be "won't", because who knows if a construction project that was started would ever be finished.

If the new nuclear startups come through, everything has changed. But the new small ones they are designing are not really anything like the nuclear reactors of yore, so we have to wait and see if they pan out on costs. And in the decades they need to come online, storage and solar and wind keep halving in price every few years.

But at the moment, pretend you're Jeff Bezos and want to buy $50B of nuclear reactors, however much that ends up in practice. Who do you go to? Toshiba, Hitachi? No. EDF? Hell no. Maybe South Korea? But they had their recent corruption scandal for inspections of nuclear plants. Rosatom? Feel like getting into bed with Putin? What's left of the industry?

parent epistasis 6 years ago

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