Why are nuclear power construction costs so high?
&gt; but all else being equal (ie: assuming total production cost stays constant), it’s better to have a larger fraction of your electricity costs be variable, so that if demand drops then production cost drops as well.<p>This is how capitalism gives us scarcity when there is no reason for scarcity. Infrastructure like trains and nuclear that absolutely <i>swamps</i> current demand, and whose costs cannot be adjusted very much (even if one can run fewer trains, remove some fuel rods) is <i>good</i>. But woe unto anyone that floods the market utopia-style under capitalism --- you will just get paid nothing and your investors will not repeat such a project again.