The whole energy transition thing is inherently inflationary, regardless of which technology you use so the questions become: who is going to get the money, and what sources are most reliable.
From Agence France-Presse via Yahoo Finance, January 8:
The European Union will need to invest 500 billion euros ($568 billion) in new generation nuclear power stations from now until 2050, the bloc's internal market commissioner said in an interview published at the weekend.
"Existing nuclear plants alone will need 50 billion euros of investment from now until 2030. And new generation ones will need 500 billion!" Thierry Breton told the Journal du Dimanche newspaper.
Breton also argued that an EU plan to label energy from nuclear power and natural gas as "green" sources for investment was a vital step towards attracting that capital.
The EU is consulting its member states on that proposal, with internal disagreement on whether the power sources truly qualify as sustainable options.
France has led the charge for nuclear power -- its main energy supply -- to be included, despite robust opposition from Austria and scepticism from Germany, which is in the process of shutting all its nuclear plants....
....MUCH MORE
