re: Has does Nuclear Power fit into Paris Deal?

I work a lot in the nuclear industry. I am actually currently badged at VC Summer where two of the new units are being constructed.

These two along with the two in Georgia (Votgle) were bid as turn key fixed fee jobs. The manufacturers (Westinghouse, Toshiba and Flour) nicknamed WTF are WAY over budget and losing billions of dollars. I am of the opinion that the actual cost to build these plants will makes them too expensive to be cost effective. These four under construction will be the last ones for a long time, until something causes the economic to change. WTF will probably have to eat a lot of losses this time but not again.

The NRC has driving the cost up tremendously for these plants. Entergy owns 10 nuclear units with 5 in the south and 5 in the north. They have already announced shutting down all five northern plants (one may stay open since a buyer has been found). Three of the southern units are on thin ice and nobody would be surprised if they got axed as well. They had 11 a few years ago but closed one in Vermont, mainly because of the state government taxing it out of profitability.

Maybe I am wrong but I don't foresee anyone else willing to commit to what these new units will end up costing.