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When something is true, saying "it can't be true" doesn't make it not true. This is happening to existing nuclear plants in the US. Not plans for plants, not plants in construction.

This caught my eye when a nuclear plant in Iowa (near friends, including one who retired from working there) got slated for shutdown, over a decade before end-of-life. They'd lost a key industrial customer that consumed 30% of the plant's output to much cheaper wind/gas. At that point, operating costs went into the red. The plant was no longer generating the revenue to pay off its own debt. It was a purely economic decision.

And yes, the wind and gas that ate its lunch are also capital expenditures, amortized over time. But they're still much cheaper.




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