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1041 points mpweiher | 1 comments | | HN request time: 0s | source
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reenorap ◴[] No.45225348[source]
We need to drive down the costs of implementing nuclear energy. Most of it are fake costs due to regulation. I understand that regulation is needed but we also need nuclear energy, we have to find a streamlined way to get more plants up and running as soon as possible. I think they should all be government projects so that private companies can't complain that they're losing money and keep have to ratchet up the prices, like PG&E in California. My rates have doubled in a few years to over $0.40/kWh and up over $0.50/kWh after I go up a tier depending on usage.
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1. llsf ◴[] No.45228536[source]
A big part of the cost is financing the project. It is capital intensive, and even few interest points more impact a lot the cost over time.

Those project should be finance with the cheapest money possible (usually government backed loans). UK is an example of nuclear getting expensive due to private investment instead of government.