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submitted 1 year ago by yogthos@lemmy.ml to c/technology@lemmy.ml
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[-] JohnDClay@sh.itjust.works 0 points 1 year ago

It'll be hard competing against renewables though, would have been nice a decade ago

[-] yogthos@lemmy.ml -1 points 1 year ago

Not really, China is leading in both renewables and nuclear right now. These are complementary technologies.

[-] JohnDClay@sh.itjust.works 0 points 1 year ago

Yes, but it might be difficult to get companies to invest if it's seen as a transitional solution till energy storage gets up to par

[-] yogthos@lemmy.ml -1 points 1 year ago

It's a good thing this is decided by the government and not by the companies in China. The nuclear industry is state owned. https://en.wikipedia.org/wiki/China_General_Nuclear_Power_Group

[-] JohnDClay@sh.itjust.works 0 points 1 year ago

That could be bad for export, idk if they'd want to be buying from state owned

[-] yogthos@lemmy.ml -1 points 1 year ago
[-] JohnDClay@sh.itjust.works 0 points 1 year ago

Western companies who'd want to use nuclear

[-] yogthos@lemmy.ml -1 points 1 year ago

They're not really the market for China. The west accounts for only 20% of world's population. BRICS has already surpassed G7 in terms of global GDP. China will be building infrastructure for most of the world going forward.

this post was submitted on 15 Jun 2023
-2 points (25.0% liked)

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