this post was submitted on 16 May 2023
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Nuclear power helps bring down electricity prices by 75% in Finland (www.thenationalnews.com)
submitted 2 years ago by Suoko@feddit.it to c/green@lemmy.ml
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This plant caused the French company who helped building it, to go bankrupt. Gen 3 nuclear plants looks very expensive to build then. However these kind of plants do not produce any side-product which is good for producing bombs or other radioactive weapon. They have no military support then (and maybe neither government?), compared to gen 2.

https://www.wiseinternational.org/nuclear-monitor/818/french-nuclear-giant-areva-melts-down

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[–] Kissaki@feddit.de 2 points 2 years ago (1 children)

Incredibly expensive (estimated 11 billion €) and years delayed (18 year construction; testing began in 2021). Yet brings down electricity prices by 75 %.

How does that make sense? It can't make economic sense to the constructor and operator.

Maybe you could say French companies and citizens essentially subsidized Finland through contracted building at a huge loss?

Now that it's built better operate it and gain something out of it?

Ref https://en.wikipedia.org/wiki/Olkiluoto_Nuclear_Power_Plant#Unit_3

[–] Suoko@feddit.it 1 points 2 years ago

Its LCOE would probably let us forget it forever. Just think about this: I bet you hear more rumors about non-existant fusion nuclear plants than about olkilioto. Let's focus on renewables.