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Hess and a U.K. nuclear plant show what $50 billion gets in the energy market

142d ago
Business
MarketWatch
Corporate environment
Hess's $50 billion acquisition highlights the current state of the energy market when compared to the investment in a U.K. nuclear power plant. While both ventures command a similar price tag, the nuclear plant is projected to generate significantly more power over its lifespan. However, this comes with its own set of challenges, including regulatory hurdles, construction complexities, and waste disposal concerns. The comparison underscores the trade-offs between fossil fuels and nuclear energy in terms of investment, power output, and associated risks.
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