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Nuclear Power
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this post was submitted on 21 Mar 2024
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No. It's because you guys are wrong. Nuclear is more expensive than the others only if the others get subsidies but Nuclear doesn't.
In Canada, Québec is 100% hydro, Ontario is 75% nuclear (the rest is hydro). Yet both provinces have some of the cheapest kWh rates in the western world.
That's definitely not true in any way shape or form.
https://www.theguardian.com/environment/2023/dec/21/pro-nuclear-mp-says-labor-weaponising-csiro-report-showing-renewables-are-cheapest
In your own article it says "With existing policies wind and solar are cheaper" Yes, Nuclear is more expensive because the others are subsidized. The article seems to acknowledge that, but only applies the metrics to the price of subsidized wind farms. Unless I misinterpreted the article.
It's not a matter of subsidising. It's a matter for of approvals processes.
That is straight up wrong, the opposite is true. England's Hinkley Point C for example has a Contract for Difference, the british government pays a guaranteed price per kWh so their citizens pay less.
It's almost like a for-profit utilities company will... go for profit.
Really bad example.
That's completely beside the point. You said, renewables were only cheaper because they're subsidized. I proved you wrong and showed that nuclear is subsidized. That has nothing to do with companies being for-profit.
Even if the government subsidizes it, the company selling it is already for profit selling it at a higher price point. The government can only subsidize so much.