this post was submitted on 20 Oct 2023
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The final figure will be significantly higher. Asked if the figure was likely to exceed €10 billion, he said: “Yes, we are talking about such magnitude.”

You can't take money with you, but we will leave an atmosphere behind

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[–] [email protected] 6 points 1 year ago (15 children)

Ngl, this is 100% the sort of project that the EU should support in its member nations

[–] [email protected] 7 points 1 year ago (14 children)

Why?

Renewables are cheaper, faster to deliver and better over all for the environment. There's every reason to believe this will just be a money sink that may not even see the light of day eventually.

[–] [email protected] 11 points 1 year ago (9 children)

Renewables are also intermittent and strongly tied to geography. Geography is especially limiting in much of Europe which isn't particularly sunny, and where much of the low hanging fruit for wind, geothermal, and hydro has already been tapped.

And even if you were able to keep building it, you will soon run into the storage problem which is still potentially more costly, especially when trying to provide baseline power for the whole year, where it's buildout may have to be many times more expensive to save power for months than a baseline solution like nuclear which can provide steady power all the time.

So, some mix of baseline solutions like nuclear and intermittent solutions like renewables will be needed to completely phase out coal, oil, and gas which provide our baseline power today.

[–] [email protected] 3 points 1 year ago

Slovenia isn't a landlocked country and has all the same options that others do.

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