Nuclear power has fairly predictable amortized returns. I imagine that this is worth the cost to MS over the next two decades or so; we have no idea what their current energy premium is like, and this plant doesn’t have to be as cheap as a new plant, just cheaper than the current premium.
If it was cheaper than the current premium, I expect that the plant would still be in operation, however as I don’t know the numbers so it must be worthwhile.
Constellation Energy shut down the Unit 1 reactor in 2019 — not the one that melted down in 1979, the other one — because it wasn’t economical. Inflation Reduction Act tax breaks made it viable again
I was thinking of the economics as opposed to the safety aspects. Seems an expensive option.
Nuclear power has fairly predictable amortized returns. I imagine that this is worth the cost to MS over the next two decades or so; we have no idea what their current energy premium is like, and this plant doesn’t have to be as cheap as a new plant, just cheaper than the current premium.
If it was cheaper than the current premium, I expect that the plant would still be in operation, however as I don’t know the numbers so it must be worthwhile.
almost like it was literally in the article