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To: expat_panama
Why the Energy Industry Isn't Going Nuclear

The "three ones" as a former GS VP explained to me once.


You can build a one-gigawatt natural gas plant in one year for $1B. Compared to nukes that's real cheap. And thanks to fracking NG is real cheap. And there is no risk, no need to build on spec , no need for patient capital, waiting for two decades for a return while biting nails for an NRC license, a market for your electricity, or an NGO putting you out of business because Hilary got elected.

It isn't ideology. It's pure simple straight risk-informed profit motivated economics.

16 posted on 06/23/2016 4:49:55 AM PDT by AndyJackson
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To: AndyJackson
...a one-gigawatt natural gas plant in one year for $1B. Compared to nukes that's real cheap.

That's an elegant way of putting it.  [mental note...]

26 posted on 06/23/2016 6:02:08 AM PDT by expat_panama
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