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How does this affect those nuclear deals where the price has been guaranteed for many years? We have a couple in UK. One of which isn’t even open yet. The price per KWh was set before it was built.
It would be deliciously ironic if solar ended up subsidising mothballed nuclear plants.
Nuclear costs are borne by the taxpayer anyway, either through utility fees or taxes. It's a waste of money at this juncture.
Well yes, so the taxpayer will subsidise everyone’s electric bill to pay the extortionate rate that was agreed upon.
The way China is going it could soon be so cheap that people will only pay a standing charge, and the electricity could actually be free. Like they promised with nuclear in the 60s.