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As I read it the SC ruling addresses power plant emissions. As a long time service provider to that space, I'm not sure what I think about this yet. As I recall the head of the EPA is a politically appointed position.
50% of coal plants have been retired in the last 10 years and the rest were to be retired in the next 10 years. Maybe this will change that. But you won't see more coal fired power plants get built here for a variety of reasons to mostly due with fuel cost.
What about the $6 billion rail project in CA that went bust. Could have built a few power plants with that.Nuclear is really dead in the US.
Hard to get done and they cost in the billions to build and construct. There much more economical and faster-to-operation solutions out there.
Commiefornia is sending 17 billion to the governers constituents in inflation relief. How much could that fix the power grid there?
Heavier lifting has been done before.I have a response that keeps this discussion on topic and addresses your post.
Simple.
Power generation in the US is mostly a for-profit sector, cliff notes, public and private companies are the players. I know the Army Corp of Engineers has some sort of involvement with hydro but I don't know much about it.
So any new nuclear plants would have to be funded by public or private companies and that's a heavy lift.
Hard to finance a $10B nuclear plant. They historically also are under bid and have enormous cost overruns. The only nuclear getting built right now are for Georgia and they are underwater financially.Heavier lifting has been done before.
Enter ElonHard to finance a $10B nuclear plant. They historically also are under bid and have enormous cost overruns. The only nuclear getting built right now are for Georgia and they are underwater financially.
Hard to finance a $10B nuclear plant. They historically also are under bid and have enormous cost overruns. The only nuclear getting built right now are for Georgia and they are underwater financially.