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Sweden All In On Nuclear Energy, Dumps Renewable Target
(greeninvesting.co)
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this post was submitted on 10 Aug 2023
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The best time to plant a tree..
Nuclear takes a hell of a lot of subsidised state money, and that pot of money only ever grows. Renewables don't need state money, they're profitable on their own. Renewables will grow readily if the transmission infrastructure is there, and moreso if the planning process capacity is expanded (hire more civil servants), let alone if rates were subsidised anywhere near the same level as nuclear.
The best case scenario would be the government itself building state-owned renewable infrastructure, where the profit from selling cheap electricity on the commercial market would come directly back to the community. Most wind farms are owned by one company and managed & operated by another, with the turbine manufacturer providing turbine services. There's no reason the government couldn't be the owning company.