They lacked effective leadership when the MBA's wrangled the rains of leadership. That was 2 decades ago. And they cared more about enriching themselves than building the company.
When has Intel innovated recently? They are at least 10 years behind NVidia who released CUDA almost 15 years ago. I said it then that NVidia would overtake Intel. I was laughed at, but I have witnesses.
I understand that MBA is a generic term, but it certainly applies here.
Intel couldn't even name their processors correctly. An i5 could be a new chip or a ten year old one. That's bad marketing from poor leadership.
These results are proof that the renewable only approach has failed.
If we ever want to end our dependency on fossil fuels we will need new nuclear energy.
So get out of the way!
Except we are removing or significantly reducing the amount of interest. One of the strategies employed by China is offering 1% interest on new nuclear projects. It works.
Ultimately, the consumer pays for it. Let's give them the best deal possible.
Actually they only use a single example, Vogtle 3, for their calculations. They don't pull from a multitude of sources. They ignore successful builds by South Korea.
It's also applied incorrectly. You can't compare intermittent sources with firm sources. Even Lazard says that.
There has been a lot of valid criticism of LCOE. That's why a better model, LFSCOE, was developed.
And how about these statistic- Zero countries/states have deep decarbonized with solar and wind. If the 500 billion Germany spent solar and wind went towards new nuclear Germany would have deep decarbonized their grid.
New crypt. See /usr/news/crypt.