Brandolini, is that you calling? There is so much bullshit here that I don't know where to start. The waters are murky...
> How you raise finance is incredibly important for nuclear costs.
You really think the UAE, that has a sovereign wealth fund with assets of more than 2.5T (<-- trillion!) USD needs to borrow money to build nuclear reactors? Plus, Korea buys heaps of oil and gas from UAE. There are so many ways to "settle this bill".
> You really think the UAE, that has a sovereign wealth fund with assets of more than 2.5T (<-- trillion!) USD needs to borrow money to build nuclear reactors?
No, I'm answering your question as to why their build costs are surprisingly low. They didn't finance at the rate that other builds did and finance related costs can be 2/3rds of the total cost of a nuclear plant.
> finance related costs can be 2/3rds of the total cost of a nuclear plant
Source? I asked ChatGPT, but I cannot find any reliable source that "finance related costs can be 2/3rds of the total cost of a nuclear plant". It sounds like more Brandolini bullshit to me. Most of the build period was during ZIRP!
