Nuclear power needs more than Biden's subsidies

Last month, the United States enacted the Inflation Reduction Act (IRA), purportedly to address rising inflation. In practice, though, the act mainly serves as a vehicle for some of President Biden’s and the Democrat’s legislative priorities. The act includes many provisions to subsidize clean power plants, including nuclear generators. …

The IRA does nothing to address the underlying cost problem with nuclear power. It simply reduces its costs to ratepayers. Is this enough to induce utilities to build nuclear generators rather than coal or natural gas combined cycle (NGCC) power plants?