▲ | ViewTrick1002 a day ago | |||||||||||||||||||||||||||||||
I’m not sure where to begin. Please stop straight up lying? Nothing in this comment is correct. In France the battle is over how large the subsidies needs to be to even get started on the EPR2 program. Driven by EDF is too financially weak to take on more projects after the recent boondoggles and that new built nuclear power simply does not deliver electricity at a price the market accepts. That does not sound very self sustaining. Regarding Flamanville 3 you are likely citing the report with a discount rate lower than the inflation and a 40 year pay back time, while comparing to the first ever off shore wind farm in France. You know, a prototype as regards to working with French industry and bureaucracy. For anyone even having a slight economic understanding the writers of that report are shouting from the rooftops that investing in nuclear power is pure lunacy. But shrouded in a language allowing lobbyists and blindingly biased people to cite it. I also love how the fastest growing energy source in human history, for which subsidies are being phased out as we speak, haven’t shown a positive ROI. What do I now. All that private money going into renewables are calculated in making a loss. | ||||||||||||||||||||||||||||||||
▲ | mpweiher a day ago | parent [-] | |||||||||||||||||||||||||||||||
My comment is exactly correct. EDF gets subsidies from the state for their renewables projects. EDF pays nuclear profits to the state. And to the rest of French industry via the ARENH program. Facts. That private money going into renewables is great at getting guaranteed state subsidies. It's the best business model ever. | ||||||||||||||||||||||||||||||||
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