@feld Thoughtful reply, I appreciate it.
> Who is going to shoulder the costs to maintain the infrastructure? *crickets*
Exactly. These costs are largely socialised. So, 'tax payers' is the answer. This is going to be only socially acceptable up to a point.
And the worst thing is, that it *still* raises kWh prices. Going back to the France/Germany comparison: Germany has much higher electricity prices compared to France, causing very real deindustrialisation for the past decade or so, which is currently accelerating.
> But that's the problem. The modern world does not entertain long term investments.
That *is* the crux, isn't it? We need to think long term again. In my view this requires less shareholder economics and more state intervention. Ideally of course, being a commie, I'd just want to trash capitalism altogether, but I'll settle for a return to state intervention as was the norm in the second half of the 20th century in Western Europe.
For the US, I guess there's little hope of that, especially now with Trump being re-elected. So, maybe Big Tech gives the push that's needed?
> [silly numbers about x amount of reactors in wind and solar]
Classic frame, but really a misdirection. A 1 GW wind farm and a 1 GWe nuclear reactor have very different energy results as their capacity factor differs so wildly. So, maybe you could say China is installing 1 nuclear reactor a week in renewables, if you count a more useful TWh metric? Even so, that still needs firming. As far as I know China still does that with coal.
But there is a reason China is currently on track with building 150 GWe in new nuclear until 2035. A small amount of what is needed still. I hope they scale that up until 2060.
> Australia desperately wants nuclear too but they can't as they have almost zero trained engineers in the country to operate it.
I don't think that's a big issue? The UAE is also new to nuclear but is currently operating their first four reactors with their own people. I guess the upside of long building times, is that you have plenty of time to train the people needed to operate them.
> I worked for a power company for a while FWIW.
I appreciate your insights. I suspect you're from the states? What's your view on a TVA model of business, given that it is federally owned?