Yes I'm sure. As your links posted, given the subsidies available for wind power its costs for the power industry is less than that of nuclear.Quote:
Originally Posted by chuck34
In most western countries, the state does not build powerplants. They merely regulate the power industry and try to affect its behaviour with subsidies which can be of varying size. The power industry decides what to build and I'm explaining things from their point of view.
Admittedly my only source is a trader who deals in the financing of power production infrastructure throughout the world, but as far as he can see the major growth areas are in wind and natural gas powerplants. There is little interest in nuclear power from the power generation industry because of its costs and the political headaches associated with it.
Take a look at Germany that has decided to reconsider its new reactor programme after the events in Japan. Those projects had gone pretty far down the line already, the companies involved had already invested quite a bit of cash. Now, because nuclear energy is such a political football it looks like that money has gone down the drain.
Few other energy sources are as risky as an investment as nuclear because projects can be cancelled by fickle governments or face constant delays thanks to anti-nuclear pressure groups.
Factor all these things in and it just isn't seen as a worthy power source by the industry. Tell me how many new powerplants are being built in the Western world?
The countries that are producing the most new nuclear powerplants are the ones that are exempt from the pressures I described above, ie where nuclear power is exempt from political pressures because there is no or little democratic process, eg China and Russia.