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Sweden’s incoming cabinet says new nuclear reactors will be built

bloomberg.com

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Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#11
post #6

Meanwhile in Germany: https://switzerlandtimes.ch/world/german-greens-remain-firm-... Welcome to The new dark ages in Germany. Leading politicians even do not have any higher education: https://en.m.wikipedia.org/wiki/Ricarda_Lang It’s scary how these people decide about topics they have no idea about.

You're likely in the giant country that is the USA, with large swathes of lightly populated land. Germany isn't that.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#15
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Are the economics of nuclear power somehow more favorable in Sweden? That seems to be the major issue elsewhere from what I understand.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#16
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Are the economics of nuclear power somehow more favorable in Sweden? That seems to be the major issue elsewhere from what I understand.

No, not really. It makes a lot of sense in all stable countries.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#17
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Power generation should be publicly owned, private ownership of such critical resources inevitably creates moral hazard.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#18
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Are the economics of nuclear power somehow more favorable in Sweden? That seems to be the major issue elsewhere from what I understand.

They aren't better in Sweden. The right's support for it is not really related to the costs. I'm personally curious how it's going to pan out considering the right-wing parties claimed they'd be against state subsidies.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#19
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

The previous government didn't stop the shutdown planned 40+ years ago (due to a national referendum), in part because the owners (Vattenfall) said it's not economically feasible to run them anymore without subsidies. It's complex.

Re: Sweden’s incoming cabinet says new nuclear reactors will be built

#20
post #7

The new coalition government has pledged $40B (approximately the market cap of Twitter, heh) in loan guarantees for nuclear power construction. They have also pledged to create legal guarantees that future politicians will not be able to shut down functioning nuclear power reactors without suitable monetary compensation to the owners/operators of these reactors. In addition to this, they are commissioning an urgent s…

Are the economics of nuclear power somehow more favorable in Sweden? That seems to be the major issue elsewhere from what I understand.

the mayor issue is the coal/gas lobby, just look how europe was lobbed to the point that natural gas is somewhat "green", but nuclear is bad to the point some countries don't even have one nuclear power plant.
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