I missed this, the point was more long term view. If you want a robust power network that doesn't kill the planet you really need to consider a timescale where climate changes effects are observable I'd argue that is a 100 years. We are debately between 100-200 years into the industrial revolution and climate changes worse impacts at still 20-50 years off (Not a lot of time to reinvent the economy just to be clear). But in that conception of time 100 year time frame seems very reasonable.
If you just look 10 years ahead you'd probably conclude solar, wind and maybe hydro is enough because short term thinking will always undersell the climate risk in my opinion. My justification for this thought is look at climate deniers arguments its always about magnitude and speed now because its the last effective argument.
Nuclear cost recovery and profit function for proven GEN4 is also on the 20-30 year timescale (depending on how much cost overruns they've faced it could be 50 years for bad cases) not the 5-10 year timescale. Making them unattractive financially speaking. Despite the fact that after that time which most US reactors are they are extremely profitable for the operator because the fuel -> power out is incrediblely in their favor. Ultimately, it takes longer term risk evaluation to show their benefits but they are undeniable and will be involved in solving the climate crisis.
If you just look 10 years ahead you'd probably conclude solar, wind and maybe hydro is enough because short term thinking will always undersell the climate risk in my opinion. My justification for this thought is look at climate deniers arguments its always about magnitude and speed now because its the last effective argument.
Nuclear cost recovery and profit function for proven GEN4 is also on the 20-30 year timescale (depending on how much cost overruns they've faced it could be 50 years for bad cases) not the 5-10 year timescale. Making them unattractive financially speaking. Despite the fact that after that time which most US reactors are they are extremely profitable for the operator because the fuel -> power out is incrediblely in their favor. Ultimately, it takes longer term risk evaluation to show their benefits but they are undeniable and will be involved in solving the climate crisis.