> It's uncompetitive due to overregulation and gold plating.

This is a bedtime story nuclear fans tell themselves, but it’s not true. There are many regulatory regimes all over the world, and new nuclear is competitive in effectively none of them. Even in single party state china with few regulations , nukes are a declining share of total power every year.

They’re just giant big complex pieces of machinery. With huge ongoing security, insurance and deferred decommissioning costs.