Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
One of the fundamental axioms in economics is that in an "efficient" transaction there will be no money left on the table. That is, that the sellers will charge as much as they can.

We have already seen this happening with wind power, as the price of building wind farms has risen dramatically over the past few years. I know that Jerome will point out the many causes for this, but the fact is that, eventually, wind will end up only slightly cheaper than other technologies. Why should a firm charge 80% of the going rate for conventionally generated power when it would still be a good deal at 95%?

One can have state controlled, or regulated entities, and prevent this from happening, but the trend has been away from this for decades. If this is going to be reversed it will take more political will then is currently in evidence.

What I'm leading up to is that nuclear will never be a "bargain". Costs all along the supply chain from ore to fuel rods, to disposal, to facilities will all rise, just because they can. So, whatever other reasons there may be for increasing reliance on nuclear cheaper electricity won't be one of them.

Policies not Politics
---- Daily Landscape

by rdf (robert.feinman@gmail.com) on Mon May 19th, 2008 at 08:48:51 AM EST

Others have rated this comment as follows:

melo 4

Display: