this post was submitted on 16 Nov 2024
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Science Memes

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Anon questions our energy sector (slrpnk.net)
submitted 10 hours ago by [email protected] to c/[email protected]
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[–] [email protected] 13 points 7 hours ago (2 children)

But it's not done well. Just look at the new built plants, which are way over budget and take way longer to build then expected. Like the two units in Georgia that went from estimated 14bn to finally 34bn $. In France who are really experienced with nuclear, they began building their latest plant in 2007 and it's still not operational, also it went from 3.3bn to 13.2bn €. Or look at the way Hinkley Point C in the UK is getting developed. What a shit show: from estimated 18bn£ to now 47bn£ and a day where it starts producing energy not in sight.

[–] [email protected] 2 points 1 hour ago* (last edited 1 hour ago)

The same problems faced the oil industry too, with their drilling rigs & refineries (over budget and over schedule, with gov money grants and subsidies), it's just less in the media & more spread out (more projects).

Also 10s of billions is still insignificant for any power, transport, or healthcare infrastructure in the scheme of things - we have the money, we just don't tax profit enough. And we don't talk about how the whole budget gets spent (private or public), where all the money actually goes, instead we get the highlighted cases everyone talks about. But not about the shielded industries when they fuck up.

[–] [email protected] 4 points 4 hours ago

Do you know WHY they went over budget?