What’s worse is they contract in a fixed price for the power generated which is way higher than renewables can generate it for. So we’re paying more for our electricity.
I guess they do this due to the enormous amount of investment needed to build a nuclear power station, so need some way of guaranteeing returns on it?
I guess they do this due to the enormous amount of investment needed to build a nuclear power station, so need some way of guaranteeing returns on it?
If funded by private investment. Yep.
If funded as tax payer investment in important inferstructure. Nope
Which is exactly why this is a bad choice