Comment by AnthonyMouse

> The cost to build is funded through debt that’s paid off over time. The construction costs aren’t in the past; they’re in the present, and in the future, in the form of debt payments.

That isn't a future cost, it's a past cost with a future payment date. It's like taking out a mortgage on a piece of land to buy some lumber and build a house on it. The past cost is buying the lumber; the hardware store isn't going to give you a refund six months after you already paid them and used the lumber to build the house. What you have now is a house instead of money and separately a mortgage against the house.

What do you think happens if you don't pay the loan? Is the bank going to get a refund from the hardware store? No, they're going to take the house, sell it to someone else for whatever they can get for it and apply the money to the loan. And then the house continues to operate as a house.

The same thing happens with a power plant. If the plant company itself has a bank loan and isn't making enough to pay it, the bank is going to foreclose, sell the plant to someone else, possibly take a partial loss, and the new owner -- who might have gotten the plant for a lower price than it originally cost to build -- is going to continue to operate it as long as its revenue exceeds its operating costs.

And that's assuming the plant was funded with a bank loan. If it had investors then there is no loan payment; the "loan payment" is when the company pays the owners dividends. If they were expecting the plant to pay enough dividends to recover their initial investment plus interest and its operations only generate enough revenue to repay most of the original investment but no interest, then they continue to operate the plant (or sell it to someone who does) because "recover 90% of the original money instead of the expected 200% of the original money" is still significantly more than "recover 0% of the original money by closing the plant".