It takes a decade at least for any new nuclear starting today to come online in the west. In that decade you’ve built an awful lot of batteries for the same amount of money.

No one wants to bet $10s of billions of nuke capex against the relentless progress of batteries and other tech over the next 10 years, and then the 30+ years of plant operations. It’s a suckers bet , so the only ones who can take it are nation states.