Comment by n_u

Comment by n_u 9 hours ago

> Our agreement with TerraPower will provide funding that supports the development of two new Natrium® units capable of generating up to 690 MW of firm power with delivery as early as 2032.

> Our partnership with Oklo helps advance the development of entirely new nuclear energy in Pike County, Ohio. This advanced nuclear technology campus — which may come online as early as 2030 — is poised to add up to 1.2 GW of clean baseload power directly into the PJM market and support our operations in the region.

It seems like they are definitely building a new plant in Ohio. I'm not sure exactly what is happening with TerraPower but it seems like an expansion rather than "purchasing power from existing nuke plants".

Perhaps I'm misreading it though.

yndoendo 8 hours ago

If history repeats itself ... tax payers will be fitting the bill. Ohio has shown to be corrupt when it comes to their Nuclear infrastructure. [0] High confident that politicians are lining up behind the scenes to get their slice of the pie.

[0] https://en.wikipedia.org/wiki/Ohio_nuclear_bribery_scandal

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philipallstar 8 hours ago

Well, private investment is a great way to avoid subsidy nonsense.

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- intrasight 2 hours ago
  
  You know that there's no actual private investment in nuclear in the US.
  The nuclear industry is indemnified by the taxpayers. Without thar insurance backstop, there would be no nuclear energy industry.
  
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idiotsecant 5 hours ago

The weasel wording is strong here. That's like me saying that buying a hamburger will help advance the science of hamburger-making. I'm just trading money for hamburgers. They're trying to put a shiny coat of paint on the ugly fact that they're buying up MWh, reducing the supply of existing power for the rest of us, and burning it to desperately try to convince investors that AGI is right around the corner so that the circular funding musical chairs doesn't stop.

We got hosed when they stole our content to make chatbots. We get hosed when they build datacenters with massive tax handouts and use our cheap power to produce nothing, and we'll get hosed when the house of cards ultimately collapses and the government bails them out. The game is rigged. At least when you go to the casino everyone acknowledges that the house always wins.

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