Soaring Coal Prices a Big Part of Rocky Mountain Power's 30% Rate Hike
cowboystatedaily.com
cowboystatedaily.com
* Yes, I'm aware France's back was against the wall since they don't possess the vast hydrocarbon energy reserves like the US.
* Yes I'm aware of France's nuclear renaissance stagnated, and they're currently trying to play catchup
* No, nuclear waste is not an issue we need to be concerned with given current swimming pool technology
Whereas rooftop solar can go up in your roof next week for fifteen grand and generate all the power your family will ever need.
Otherwise though, the log log curves of solar, wind and HVDC transmission lines make it a near certainty that any nuclear plant that was just getting started today would be no where near economic by the time they spin up. Even now gas turbine plants are being shut down because they can't compete economically with renewables just because of the cost of the fuel never mind the cost of turbine plant itself.
We're at the inflection point right now and it's going to get much worse for fossil fuel and nuclear as electricity generators from here on out.