`Nuclear "just works"`
No it doesn't. Nuclear power plants are nowhere near insured to risk and nuclear waste is not paid for. So nuclear operators are freeloading on society for decades making billions of profits [0].
To make nuclear "work", one would need to adjust insurance and establish a trust to pay for nuclear waste facility operation for the next hundres of years. But then, no one would operate them nuclear plants from the building costs to the operating and insurance costs.
As a car driver I need to insure my car, so the insurance company pays people I hit. Nuclear operators do not need to insure their plant to any significant risk level.
And if you think a disaster is not happening, well I also don't intend to have a car accident, so why do I need to pay insurance?
[0] Fukushima is around $80B-$200B, the US nuclear insurance coverage is $15B. Chernobyl was around $200B.
Meaningwhile, today 17/11/2023 the same Portugal is back to the normal and emitting 170g CO2/kwh [1][2]
- This is 6.8x the emissions of Sweden (25g) running on Nuclear and Hydro
- This is 4.1x the emissions of France (41g) running on Nuclear, Hydro and Gas
- This is 2.8x the emissions of Switzerland (59g) running on Nuclear and Hydro
But still much better than "Green" Germany that reaches 647g CO2/kwh.... with 22GW of power generated from Coal after closing its Nuclear powerplants for reasons.
Interestingly, these facts are not praised in the press as much as "Country X has been able to run renewable for X hours".
Maybe because, like the article point out, Nuclear is not entirely "privatised". Nuclear "just works" and consequently does not act as an interesting roller-coaster for speculators on the energy market and stock market ?
[1] https://postimg.cc/WDVZqnK1
[2] https://app.electricitymaps.com/zone/PT