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CommieGIR posted:This. Power Companies are so busy chasing cheap power generation methods to make a profit, we need to cut them out of the picture. Private, vertically integrated power companies in states with favorable regulation would love to build nuclear plants. They get guaranteed loans (or can even start collecting projected costs during planning) and make huge capital expenditures which means more money for shareholders. The issue is that there's not a lot of justifiable need for baseline capacity right now until coal plants actually have to start being shut down. In states without vertically integrated generation there's even less desire to build baseline capacity because it doesn't make money.
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Dec 17, 2015 00:00
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CommieGIR posted:.....that was my point. In the face of climate change, power companies are still focused on short term profitable needs instead of urgent solutions and cutting out cheap energy solutions. The company's CEO (in regulated states) would love more than anything to build nuclear if he could justify it to the comission. It would greatly increase short term profits in absolute terms. Rates are set by giving a rate of return on capital investment and nothing is more capital intensive than nuclear.
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Dec 17, 2015 17:02
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