• Fortum: No new nuclear power plants unless ...

    From =?UTF-8?Q?Pelle_Svansl=C3=B6s?=@21:1/5 to All on Mon Mar 24 14:58:35 2025
    ... the price of electricity doubles. Until then, bye-bye profitability
    of NPPs.

    https://yle.fi/a/74-20150544

    Fortum is a state+private owned energy company that is known for betting
    the house, and suffering world record losses, on Russian hydro and
    German natural gas (= Russian natural gas). I assume they have a nose
    for money.

    Of course, there's two ways around bad profitability in this case.
    Increase demand and/or increase subsidies. For the first, you need to incentivise X, formerly Twitter, to build gas guzzling data centers up
    North. That's easy. Subsidise them. Price guarantees, tax breaks,
    construction subsidies, .... the works.

    There's already been lobbying for the latter, increasing subsidies to
    Fortum. The outgoing, going, gone conservative minister of environmental
    stuffs did lend an ear. Thought it was a splendid idea. In practice,
    this would mean price guarantees, tax breaks, construction subsidies,
    .... the works.

    Until either of these materialise, I guess were stuck with cheap prices
    and ... GWEEN TWANSITION.

    --
    “We need to acknowledge he let us down. He went down a path he shouldn’t have, and we shouldn’t have followed him. We shouldn’t have listened to him, and we can’t let that happen ever again”.
    -- Nikki Haley

    --- SoupGate-Win32 v1.05
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