Not only solar panels, but windmills as well
Why can’t we apply liberal market forces to nuclear energy? If it was worth it, heaps of corporations would be investing in it.
[1] https://www.reuters.com/business/energy/nuscale-power-uamps-...
It was clear what was going to happen after they announced the price increase late in 2022/early 2023. NuScale carefully stopped making positive statements that could get them personally sued and the executives started unloading their stock.
That kind of corruption is common even when the person selling the dream is getting money from their own country's people. It steps up a gear when you are selling the dream to other nations.
Nonsensical comment.
Perhaps you should consider the environment damage that comes from the manufacture of solar panels and their disposal at EOL.
First of all you don't even state what your region is.
Europeans and Americans created regulations which make nuclear energy ridiculously expensive.
Due to regulatory environment which means regulators can introduce additonal conditions at the drop of hat the time it takes to build nuclear power stations is simply undecidable.
The Japanese and Koreans build nuclear plants in 5 years tops where as in the US it might take 30 years to finish a plant because the regulators keep on piling on new conditions when nothing in the environment has essentially changed.
You would think that in the West experience gained in designing, building and managing nuclear plants would mean improved designs with each new generation. Not so.
To be fair PRC has finally, recently, as in last few years, started building indigenous nuclear relatively economically which appear to be performing around original expectations. What happened / what PRC couldn't seem to do, like the west, is build _western_ nuclear tech economically, even (if one choose to presume) without onerous western regulations. PRC nuclear ambition under 13th 5-year plan was delayed largely due Fukushima reassessement and drama over original pursuit of western nuclear tech (French EPR / US AP1000 technical and political issues like US sanctions / Westinghouse bankruptcy) forcing PRC planners to switch to domestic tech, which is now coming online. Current 14th 5-year plan still aiming for ~180-200 GWe by 2035 with ~150 reactors, which is in line with mid 2010s assessments.
What is also happening is PRC rapidly scaling up coal and solar, due to geopolitics of rushing energy security and lower renewable costs. No one expected renewable to scale so fast so cheaply. Another huge factor is PRC crack down on real estate shifted construction overcapacity into building renewables. 10s of millions of surplus construction workers + skills building skyscrapers and building solar and wind that is relatively transferable. Combined with vertical integration and industrial base, it's set of conditions hard to replicate in advanced economies unless they import a lot of labour. Which is not impossible.
Advanced economies also disadvantaged in labour with respect to nuclear, even in US with immigration, fulfiling nuclear workforce demand is currently projected to be a large challenge. EU likely more difficult with their demographics. Last thing you want is to build a bunch of nuclear plants that are chronically short on labour. PRC on other hand, despite demographic doomsayers, still has depth to generate millions of STEM/technical workers for decades (hence youth unemployment). I don't really know what the solution for EU is, but I'm guessing politically, they'd rather deal with nuclear plants and prioritizing lower # of nuclear workforce than immigration to build renewables. If there's any urgency, EU would have to import millions of (let's be real) brown people. IIRC, EU has like 100m more people than US and 1M clean energy workers vs US 3M. Can EU bring in 3M workers short term to get renewable rollout on pace? Again, not impossible. But politically difficult.