Originally Posted by Peter J

Electricity prices would have to rocket to make it a 5 year ROI.


There's a reasonable chance of this, I think.

Current electricity prices are unsustainably low, which is why so many small suppliers go out of business, they lack the income to withstand wholesale price fluctuations.

With so many power plants (half the existing nukes will be gone by 2024) going off line due to age and insufficient baseload capacity being built to replace, I think it's inevitable that prices will rise quite significantly over the next few years in order to pay for more nukes to be built. EDF is not making any profits at all from its nuclear operations, it's kept afloat by renewables which although give good profitability margins, aren't brilliant at providing baseload.


Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE