Sweden recently did the same: in order for companies to agree to make new reactors, the government had to promise them a price floor for the electricity they produce. The price floor suggested is more than twice the current price on the spot market. That means that, for the lifetime of those reactors, Swedish taxpayers will be subsidizing production of nuclear power. I thought the idea was that they would be profitable? What happened to the political right’s love of the free market? When politicians go fixing prices with this kind of ”advance bailout”, it just makes it look like they are trying to get a nice retirement job in the nuclear power sector…
Base load generation.
Yes, we have hydro.
Wind is way too unpredictable, solar is too.
So, we can only have 2 powers to provide base load in Sweden.
https://www.svk.se/om-kraftsystemet/kontrollrummet/