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Thank you.. a lot to digest to be fair.

As for turnkey contract, interestingly, other industries trying to avoid uncertainty and not pass costs to consumers.

AFAIK, Russian nuclear contracts come with warranty of all funding, so if overrun happens, these are Rosatom problem, not customer's



The key point here is the perverse incentives of regulated monopolies. If the monopoly can get the regulators to agree, then the more capital intensive something is, the more money the utility makes. They do not have an incentive to keep costs down.




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