logoalt Hacker News

dalyonsyesterday at 4:28 PM1 replyview on HN

i mean competitive as in "free market competitive". chinas plants do not have to compete on their own all in costs as a private enterprise, they are majority state owned. So they dont have to pay insurance, cleanup, or long term capex loan interest costs. Which are a huge part of the costs for free-market nukes (and why they dont get built). Plus, the "price" is set between a state owned supplier and a state owned consuming grid ... do you think thats really representative of a true free market price?


Replies

Moldoteckyesterday at 5:12 PM

Their insurance, cleanup is included in state mandated price. Their capex loans aren't so problematic since it costs about 2.5bn to build and is done in under 5y now

China doesn't have free market in the way we have it anyway. It wasn't valid even for solar