At least as of a couple years ago nuclear costs just a little more than solar plus storage and that’s not stopping anyone heh.
There is room to change that, but the cards are very heavily stacked in China's favor. America's bad at the financing part, fickle when it comes to enforcement & supply chains, and ostensibly 2 days away from bailing on the IAEA itself. The proliferation-resistance of Thorium reactors gives China an export trump card that America will struggle to match.
Go ahead a calculate what co-locating ~$52/kWh BESS systems alongside an utility scale solar install costs per kWh.
https://www.ess-news.com/2025/06/26/china-energy-engineering...
Let me fix that for you: "The truth is that nuclear power is not that financially attractive in the bureaucratic high cost litigious Anglo-sphere". And that's pretty much all infrastructure these days, unfortunately.
So, yes, but...
China installed 256GW of solar in the first 6 months of 2025 [2]. A full year estimate of ~350gw. So, the total of all nuclear under construction is 1/10th of the solar they installed in one year.
Don't get me wrong, its cool to see diversity of non fossil sources, glad they are building some, but its a niche in their overall energy buildout. And they can only build that small niche because they dont have to be market priced, its state subsidized.
[1] https://www.world-nuclear-news.org/articles/ten-new-reactors... [2] https://ember-energy.org/latest-updates/global-solar-install...
(Edit: cycomanic explained it much better and more patiently than me)
While China is often put up as the poster child for nuclear power, they are actually a great example of how nuclear is being overtaken by renewables. China's 2019 plan was that by 2035 nuclear would account for ~8% of generated electricity (up from ~5%). Since then percentage dropped to 4.5% (and the drop seems to be accelerating). Unless something dramatically changes nuclear will account for less than 4% (not the planned 8%) of generated electricity by 2035. All that is due to the raise of renewables (largely solar). I suspect we will not see China build close to those projected 200 GW and the percentage to be even lower, just due to the exponential growth in solar.
source: https://en.wikipedia.org/wiki/Nuclear_power_in_China
Here's a Nature article about it:
Seems to me like it's more of a story of corruption than of over-regulation
UK cant do it either, see hinkley point c [2]
[1] https://www.nucnet.org/news/long-delayed-nuclear-plant-conne... [2] https://www.world-nuclear-news.org/articles/edf-announces-hi...