Why is that?
I'm sure we're all broadly in favour of free markets. Do electricity consumers buy nuclear because it's good value?[0]
[0] https://www.theguardian.com/news/2017/dec/21/hinkley-point-c...
Why is that?
I'm sure we're all broadly in favour of free markets. Do electricity consumers buy nuclear because it's good value?[0]
[0] https://www.theguardian.com/news/2017/dec/21/hinkley-point-c...
It's not 100% because you need to do maintenance at times.
Perhaps I wasn't clear enough, I was alluding to the lively debate about how the selling price for electricity is set, and how it should vary depending on market conditions.
I see no reason to lock-in minimum pricing for any kind of electricity generation many decades in advance. Why is that necessary for new nuclear plants?
In other words: do we need to guarantee a minimum market price 30 years in advance in order to make it look like building a nuclear plant makes economic sense?