Look at Finland for example. They're building two new power plants:
Olkiluoto Unit 3: Under construction since 2005, commercial operation delayed by at least 13 years now and the initial delivery price of €3 billion is estimated to end up at €8.5 billion.
Hanhikivi: Won't be operational until at earliest 2028 and is expected to cost €6.7 billion. 34% of the plant is/will be owned by the Russian state coorporation Rosatom, because all the alternative suppliers were too expensive. If the plant eventually becomes operational then Rosatom will supply 3% of Finland's total electricity production.
Would it not have been much more reasonable to spend this money on developing and investing in renewable energy sources?