New research shows renewables are more profitable than nuclear power::In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Nuclear power is also very sensitive to the interest rate environment due to the very high upfront costs and financing. It’s probably an even bigger difference in favor of renewables now.
This is why we need SMRs and probably government funding as well. It’s hard to run a grid without base load power.
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