Sounds fairly reasonable.
I had thought more nuclear plants could be built, but considering the financial risk and political uncertainty, slow seems much wiser.

The only weakness I see is their dependent upon "global warming" in the future helping them. I think the whole global warming nonsense will become a non-issue in a few years so as far as the second wave goes it wouldn't be much of a driving issue. Therefore the real issue is nuclear power competing against coal in terms of costs. Though if they are aware that concerns about global warming could be a short term thing [within next 5 years or so] then I don't have a problem with it.