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> Unfortunately the nuclear power plant operator losses money even faster than they are right now.

Note that Ontario Power Generation, who owns all the nuclear plants in Ontario, has a positive net income of roughly 20% of gross, and is building Canada's first new nuclear plant in a couple decades. Your generalization is incorrect.

https://en.wikipedia.org/wiki/Ontario_Power_Generation

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Sure they own nuclear but they also own a great deal of hydroelectric. Their finances are very healthy because they essentially got 50 billion in assets from privatization of public assets including a great deal of very low maintenance hydroelectric generation and significant nuclear again without any upfront cost.

Things don’t look nearly as rosy when you consider they’re generating $1.20 billion in net profits off of 60 billion in assets - 10 billion in debt. Essentially without that massive initial subsidy they would be losing money hand over fist.

Yes, debt financing is awful, and something that has guaranteed long term revenue but large up front capital costs is something that should be publicly owned (i.e. a crown corporation like OPG), not financed by private debt.

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