From the article: "No nuclear energy program has ever launched without heavy state intervention — the capital costs are just too high for private entities to take on." I think this misses the real reason. High capital costs are no barrier to private financing as long as the eventual profits will accrue to the investors . But in this highly-regulated industry, investors can't put money into nuclear plants thinking tha…
In the UK Hinkley point C got a strike price of £92.50 per megawatt hour guaranteed for (i think) 35 years. By contrast wind got about £39-£41 for two years. Future years will likely be even lower.
Nobody ever factors in these costs to the price of solar or wind, and I find it extremely disingenuous. Nuclear can still be pumping power on a windless sunless day with 100% green energy.
Solar and wind? Either use batteries (expensive, not really renewable) or gas peaking plants (nearly worse than coal, not renewable, expensive).