"not a single nuclear power plant on the planet works cost effective and doesn't need subsidies" Joe Kaeser, recent CEO of Siemens Energy.
@solarpapst As a former Siemens employee and Siemens shareholder i can disclose you my observation that Joe is not always right.

@lobingera

What's wrong with his statement?

Even without the costs for
- the unsolved storage of radioactive waist
- dismantling of the radioactive plant itself
- a liability insurance that would cover at least parts of the risks
...these things are not cost effective.

> ...and Siemens shareholder...

Your motive/"expertise" is your bank account?

@solarpapst

@ePD5qRxX @solarpapst

Siemens stopped being active in nuclear power, Siemens Energy in the meanwhile ...

https://www.br.de/nachrichten/wirtschaft/siemens-energy-rueckkehr-ins-kernkraft-geschaeft,Ue5OTDB

And you can look up, he's not CEO anymore.

Still: I agree to his statement.

Siemens Energy: Rückkehr ins Kernkraft-Geschäft

Vor 14 Jahren stieg Siemens aus der Technologie für Atomkraftwerke aus – sie habe keine Zukunft. Doch nun will Siemens Energy künftig auch Turbinen für sogenannte Kleine Modulare Reaktoren liefern. An solchen Systemen wird weltweit geforscht.

BR24

@ePD5qRxX @solarpapst @lobingera

What they want to deliver are the turbines.

So stuff they anyhow know how to build on different scales (Wind, Gas, ...). So as an outsider it looks to me ask they can provide that with very little effort. And as long as their payment is fixed and not bound to the profits of the NPP, they just take the investors money.

In a gold rush, you must be the one selling shovels...

@ePD5qRxX @lobingera @solarpapst radioactive waste has been solved for quite a while, since less that 1% of waste is hyghly radiactive.

I don't know why are we talking about insurance when nuclear should be proactively mantained by government entities, and at worst, public/private collaborations.