-2
It'll be hard competing against renewables though, would have been nice a decade ago
Not really, China is leading in both renewables and nuclear right now. These are complementary technologies.
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
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
That could be bad for export, idk if they'd want to be buying from state owned
who's they?
Western companies who'd want to use nuclear
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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