@VSEPennystock@RokoMijic China built its first SMR about 2 years ago. But the main focus is on GW-scale reactors of their own design that's standardized. Same idea as SMR to have standard designs for economies of scale while focusing on large reactors instead.
Small modular nuclear reactors are a bad idea.
They're a technological solution to a political problem (too much regulation of nuclear power).
Nuclear reactors want to be big, because of the scaling of surface area and volume: you want more volume per unit surface area because surface area is a cost.
@KShevchenkoReal Below market borrowing is very undefined. Would be better to estimate non-performing loans. If the lender and borrower agrees on a loan agreement and the loan is paid back it's of course possible to define the rate to be 3%-points too low but feels arbitrary.
@KenCao_onChina The Chinese have an actual super-competitive market, making it hard for individual companies to earn 100+ billion USD in profits like the magnificent 7. Also bad for for the company valuations but probably awesome for China and their consumers.
@NaturalRightFan It's interesting how the EU changed while still basically having the same leadership.
EU is a peace project became let's fight Russia. EU free trade became let's protect ourselves from China/outside. Freedom of thought became let's jail people for internet comments etc.
Prime Minister fucks rent boys.
Forgets to pay them.
Rent boys try to burn his house down.
Establishment tries to start WW3 by blaming Russia to hide it.
Well, that escalated quickly.
@XiXiDu Europe is very willing to take risks costing 100s B Euro/year. It's just in stupid areas. MENA migration, war with Russia, Energiewende etc each costs insane amounts yearly and are both destabilizing and extremely risky.
@MarvinTBaumann It depends on how much value one puts in perpetuating the historical peoples in their respective countries. Open borders = long-term mixture with africans and arabs until a mongrel population dominates.
That's the price to pay. Not everyone wants to have that national future.
@PatrickRuffini There're stuff to be impressed by in USA. Trashy fast food places, 24/7 gas stations, sports arenas and similar that the americans bring up as superior to europoor alternatives are just weird though.
@SariArhoHavren Seems like the strategy to be the by far most expensive producer by political choice stops working when you're not leading in anything. First step if anyone is serious would be to somehow match or be lower than Chinese and US electricity prices if we want to compete.