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uwumasters t1_iz1h0ai wrote

Nuclear power is still one of the best transitions into renewable sources, if there are already built plants.

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_WardenoftheWest_ t1_iz1hjtd wrote

UK gov has in-motion plans to build one a year. They aren’t fucking around. Once SFFR get the go ahead it’ll be even quicker.

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Sir_Osis_of_Liver t1_iz39ixw wrote

The initial budget for Hinkley Point C was £16B. With the latest cost overrun announcement, the price is now expected to come in around £26B, as operations have been pushed back to 2027 at the earliest. And that's for a minimum strike price of £106/MWh in 2021 (the contract strike price is indexed to inflation). In comparison, the strike price from wind can be as low as £40/MWh.

Under the amended terms of the contract, delivery could be pushed back as far as 2036.

The project is in little better shape than the EDF projects at Taishan, Flamanville or Olkiluoto.

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uwumasters t1_iz1ian9 wrote

Yeah I'm not from the US so I don't know the specifics there, but in Europe there are so many that were being dismantled because of the fearmongering and now we depend on coal and oil from Russia *sigh

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