tag:blogger.com,1999:blog-3653076503390223739.post4511519792261900723..comments2024-01-14T22:20:03.303-08:00Comments on Dave Toke's green energy blog: Could latest delays in Hinkley C presage bankruptcy of EDF and more British bailouts?Dr David Tokehttp://www.blogger.com/profile/00320320595200443205noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3653076503390223739.post-88898832872268357062017-06-28T03:58:19.141-07:002017-06-28T03:58:19.141-07:00Dave
In this Age of Consumer Choice we have a fine...Dave<br />In this Age of Consumer Choice we have a fine range of crises to ‘choose’ from! I tend to think one of them, Brexit, (see your previous post), will be like EDF nuclear power stations. As I think you suggest for Hinkley the project will get half way and then get stuck with very uncertain future choices. Remember the ‘Lays of Ancient Rome’? <br />But those behind cried “Forward!”<br /> And those before cried “Back!”<br /><br />Can we stir Claverton or somebody a little bit and get some technical appraisal of nuclear? I am curious about relative cost structures. Do we know technically why nuclear is so costly to build? I understand that low costs of borrowing (governments pre-eminently can borrow at low cost) and the sometimes not obvious subsidies obscure calculations, but I guess there are some underlying factors that raise costs of one industry while leaving others relatively unaffected. Your thought?<br />best<br />Phil<br />philsharrishttps://www.blogger.com/profile/16992266289232459952noreply@blogger.com