this post was submitted on 10 Jun 2025
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[–] blackn1ght@feddit.uk 2 points 4 days ago (2 children)

What’s worse is they contract in a fixed price for the power generated which is way higher than renewables can generate it for. So we’re paying more for our electricity.

I guess they do this due to the enormous amount of investment needed to build a nuclear power station, so need some way of guaranteeing returns on it?

[–] HumanPenguin@feddit.uk 3 points 4 days ago

If funded by private investment. Yep.

If funded as tax payer investment in important inferstructure. Nope

Which is exactly why this is a bad choice