> And let's not discuss the fact that regulation affects many markets which work perfectly fine and when lifes depend on it they should be.
I'm unconvinced a sane person could look at the other most heavily regulated market, healthcare, and say it works "perfectly fine".
> The article goes through the calculations, it shows that even with deregulation LWRs would not be competitive.
The numbers given in the article of $53/MWh are currently less than half the current UK wholesale electricity price and renewables impose increasing costs as they become a larger share of your electricity mix (renewables are not even remotely competitive if you also had to pay for even a single day of electricity storage, which would cost at least $4000/kw[1]).
Deregulated nuclear would be much cheaper than wind&solar+storage.
I'm unconvinced a sane person could look at the other most heavily regulated market, healthcare, and say it works "perfectly fine".
> The article goes through the calculations, it shows that even with deregulation LWRs would not be competitive.
The numbers given in the article of $53/MWh are currently less than half the current UK wholesale electricity price and renewables impose increasing costs as they become a larger share of your electricity mix (renewables are not even remotely competitive if you also had to pay for even a single day of electricity storage, which would cost at least $4000/kw[1]).
Deregulated nuclear would be much cheaper than wind&solar+storage.
[1] https://www.energy.gov/sites/default/files/2019/07/f65/Stora...