Reducing dependence on their aging expensive nuclear power infrastructure has been a campaign promise of every French president for the last decade. Switzerland just voted via referendum to shutter their nuclear fleet, Germany has phased out nukes almost entirely.

The reality of it is: They’re expensive. They generate waste which could theoretically be reused or even locked away in underground vaults, but it’s frequently just stored on site in reality. And whether the danger is real or perceived, no one wants to live next to a nuke, because if things go wrong, they go very wrong.

Don’t get me wrong, I would love to see nukes make a comeback, I think they’re a valuable part of the energy mix. I actually know a guy in crypto who is trying to set up financially strained nuclear plants with on-site crypto miners to help them gain back some of that lost revenue from paying people to take power during light load periods. Which I think is a fantastic use case and a great way to make Bitcoin less environmentally destructive. There are other dispatchable loads that could fill the same niche (water desalinization, green hydrogen production).

But the unfortunate reality is that nuclear plants are dying right now, and unless something big changes they’re going to be driven out of existence by wind and solar.