this post was submitted on 04 May 2024
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I totally get that but that ship has sailed with renewables being way cheaper now.
Perhaps a bad example because most people undermine them, but China has still decided to move forward with 4 different nuclear facilities this year despite having an ABUNDANCE of solar manufacturing. If they found that decision worthwhile I would think the opposite, assuming most of the reasoning is current battery tech can't sustain dark periods at a massive scale, but I'm not an expert.
Also just saw you mentioned nuclear costs in another comment, I suggest you look at South Korea and China's cost per facility compared to the US, they're able to build and maintain facilities at about half the US does.
Literally every source I've come across has nuclear being massively more expensive than renewables + storage, at least in the West.
The market decides what to invest in in a capitalist economy and they will tend to go for the thing that makes them the most money in the shortest time possible and that's why new nuclear isn't happening much.
If you're advocating for public ownership of utilities so there's central planning and long term thinking instead of profit chasing, that's an interesting debate to have.