| Zion 1 and 2 were 276 million each at 58% CF or between $3 and $4.2 per net Watt. Better than the last plant to open before TMI, which supports a negative learning rate. And again. This doesn't include safety retrofits, and it doesn't include O&M which is higher than new renewables. Even after retrofit, it was destroyed due to a design and management failure in 1998. All of those early plants are more expensive than you are saying, they had state controlled funding. They were inefficient, and they were unsafe when they opened. Additionally they all had abysmal capacity factors in the 70s and 80s, around the 50-60% range so using lifetime CF is incredibly biased towards making them look good. The cost of retrofits which was almost entirely unrelated to TMI was about 40c/Watt https://www.sciencedirect.com/science/article/abs/pii/036054... or about 80c per net watt just for the retrofit to meet 1980s standards. Include all the failed reactors, and stop looking at just the lowest cost ones, include the cost of the free loans, and you're back up around $6/W |
For all their supposed lack of safety, nuclear power - including these early and supposedly unsafe designs - safer than most renewables [2]. There's an immense double standard between renewable safety (nobody seems to care about the tens of thousands of people killed by dams) and nuclear power.
1. https://www.energy.gov/ne/articles/what-generation-capacity#....
2. https://www.statista.com/statistics/494425/death-rate-worldw...