Locking up capital for 70 to 80 years? Do you know about the time value of money? [1] What you are proposing is FDR and Churchill sitting at the Casablanca Conference at the height of the second world war in 1943 [2] planning out economic investments that will be returned in 2023. Does that sound reasonable?Likewise, a renewable plant that makes the money back in ~25 years allows the investor to reconsider the investment decision and better optimize the capital allocation two times while the ones building nuclear are still paying for the nuclear plant. The renewable owner could after 50 years decide to invest in nuclear. I wonder which is more efficient?
[1]: https://www.investopedia.com/articles/03/082703.asp
[2]: https://en.wikipedia.org/wiki/Casablanca_Conference
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