Common misconceptions about Germany's energy transition: No, it did not increase carbon emissions, or reliance on coal, or Russia. It is not increasing blackouts. 21 HN points • 18 Sep 22 Germany's energy transition has not led to an increase in carbon emissions or reliance on coal or Russia. The shift to renewable energy in Germany has been successful and can serve as a model for other countries. Despite popular misconceptions, Germany has maintained a reliable electricity grid during its energy transition.
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How many Lawsuits can NuScale Power survive? 0 implied HN points • 18 Nov 23 💰 Finance NuScale Power is facing multiple class-action lawsuits for misleading investors after its pilot project's collapse. Numerous law firms have filed suits against NuScale Power for alleged securities fraud and misleading statements. Investors may have suffered losses due to inflated costs of construction and power, among other financial issues at NuScale Power.
NuScale Power and more broadly Small Modular Reactors (SMRs): A horse-and-buggy business model in the age of the automobile. 0 implied HN points • 09 Nov 23 💼 Business Energy Renewables Nuclear power Stock Market Legal issues NuScale Power and Small Modular Reactors face challenges after pilot project cancellation and cost overruns. Renewable energy like wind and solar are becoming more cost-effective compared to small modular reactors. The traditional baseload model of nuclear energy is becoming less compatible with the evolving energy landscape.