> Because nuclear plants are expensive, and they take a long time to build, financing their construction can also be a significant fraction of their cost, typically around 15-20% of the cost of the plant. For plants that have severe construction delays and/or have high financing costs (such as the Vogtle 3 and 4 plants in Georgia), this can be 50% of the cost or more.
This is why nuclear power plants should be state-sponsored projects. States typically have loans at 0% rate, or even negative interests.
This is why nuclear power plants should be state-sponsored projects. States typically have loans at 0% rate, or even negative interests.