| Almost all recent cost studies put the cost of wind and solar far below the cost of new nuclear power. See f.e: "The cost of generating solar power ranges from $36 to $44 per megawatt hour (MWh), the WNISR said, while onshore wind power comes in at $29–$56 per MWh. Nuclear energy costs between $112 and $189." https://www.reuters.com/article/us-energy-nuclearpower/nucle... "Onshore generation costs, at the upper bound installed cost of $2,000/kW, vary from $101/MWh at 6m/s, down to $55/MWh at 9m/s. At the median cost of $1,600/kW, the corresponding figures are $80/MWh and $44/MWh. At the lower-bound installed cost of $1,200/kW and a wind speed of 6m/s, the generation cost is $59/MWh, falling to $38/MWh at 8m/s. ... Apart from gas, wind now has no other competitor among fossil-fuel sources. There have been no new nuclear developments, leaving the UK price for its Hinkley Point C power station as a benchmark, at around $130/MWh in 2017 money." https://www.windpowermonthly.com/article/1455361/tipping-poi... "According to the US Energy Information Agency, the average nuclear power generating cost is about $100 per megawatt-hour. Compare this with $50 per megawatt-hour for solar and $30 to $40 per megawatt-hour for onshore wind." https://thebulletin.org/2019/08/the-false-promise-of-nuclear... See also: https://www.lazard.com/media/450784/lazards-levelized-cost-o... and https://www.eia.gov/outlooks/aeo/pdf/electricity_generation..... In the last report the cost for advanced nuclear is estimated to between $75.1 - $81.2/mWh and to $38.9 - $72.9/mwH for onshore wind. |