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by _ph_ 3519 days ago
The wikipedia article about Hinkley talks about the costs and guaranteed prices: https://en.wikipedia.org/wiki/Hinkley_Point_C_nuclear_power_... I am pretty sure, that does not even include the long term cost for the nuclear waste. The roughly 100€/MWh brings it into line with offshore wind, which is about twice as expensive as onshore wind, but more steady and reliable. Solar is roughly in the same ballpark too in middle Europe, in Dubai a new solar plant is being built which promises to be less than $30/MWh.
1 comments

Hinkley point is an aberration. its doesn't make any buisness or strategic sense for the UK.

Its double the cost of grid power, in perpetuity, in exchange for some vague handwaving that the Chinese might try out some of their experimental reactors on british soil. Or perhaps a "free trade deal" which is equally moronic for UK manufacturing.

Is there any good cost estimate, what the final electricity price produced by the Olkiluoto reactor is going to be, with its construction cost ballooning from 3 to 8 billion pounds?