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Tax payers subsidize the power plants, pay for the electricity and the corporation gets to keep the profits
This is one of the many reasons that I think nuclear plants should not be corporate owned
I think a lot of stuff that's currently corporate owned shouldn't be but that's a conversation for another time
Edit: Should to shouldn't
The people with money to invest in the energy sector don't seem interested in nuclear. They're looking at the history of cost and schedule overruns, and then putting their money in solar and wind. Regulators do seem willing to greenlight new nuclear projects, but nobody is buying.
If the public were to finance a nuclear power, we have to ask why there's a good reason to do so when private investment is already rejecting it. There has to be some reason outside of cost effectiveness. One answer to that is recycling all the nuclear waste we already have.
Need some smaller, shipping crate sized nuclear generators that can be rented. If smaller set ups end up helping with knowledge and new tech then awesome. If not, it's still pretty fucking cool.
TerraPower, backed by Bill Gates, has the same belief. The the first one to be built is already underway in Kemmerer, Wyoming.
Fuck yeah.
The good reason is cost externalities. Nuclear is the only power source that deals with its own waste. No one demands the solar industry recycle their stuff for free or that they pay a carbon tax for the trees that don't exist because of the panels in the space. Same for wind but add on the birds killed. Same for hydro but the fish killed. Same for coal but add all of us killed.
We all subsidize the waste disposal of the other power sources. Coal gets to dump all that stuff in the air and our collective resource is that much lowered in quality.
Change the market conditions to reflect the true cost and nuclear comes out on top. Even the CO2 used to make the plants is laughably small when you consider that the plants can last over 50 years while solar has to be almost completely replaced in 15.
Who do you think is paying for the Yucca Mountain facility?
What facility?
Who do you think paid the banks all that money to keep housing artificially high? Who do you think have GM all that money to make oversized trucks?
Noticed you didn't mention all the costs inside of the plant to deal with the waste nor the transportation costs to Yucca.
It deals with its own waste by leaving it sitting in a big pit. That's not a viable long term strategy. It needs to go to a central facility to be buried for 100k years, or (my preference) recycled in other reactors designed to do that. Neither is being done right now in the US, and both would almost certainly require public subsidies.
Yup I think a lot of this stuff should be nationalized and that the energy market should be used or simulated to determine the operation of it.
Specifically rate-payers at least in most places, and the cost for these projects is added to some sort of Global Adjustment applied on top of the KWh price. GA is usually capital projects like those, plus making sure the price is high enough to cover the cost of actually distributing the power. Sometimes electricity can be "free" or even in the negatives in the market for example especially at night, especially if you just commissioned nukes in preparation for something else being decommissioned and now have an overnight surplus that you're trying to incentivize consumption of or give to your neighbors.