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by treflop 616 days ago
I'm fairly pro-nuclear but the EIA (Energy Information Administration) publishes a "Levelized Costs of New Generation" report every year that compiles the total cost of installing new generation, taking into account the fuel, build up, maintenance, interest, and inflationary costs, and nuclear ends up costing more $$$ than other renewable alternatives.

It's no conspiracy why nuclear never gets traction these days -- maybe it was cost-effective 10-30 years ago but renewable technology has gotten relatively cheap. (Shutting down active nuclear reactors earlier than needed is a whole different issue though.)

Here's the report for 2023: https://www.eia.gov/outlooks/aeo/electricity_generation/pdf/...

There is no report for 2024 because they are building a new model to take into account even newer technologies: https://www.eia.gov/pressroom/releases/press537.php

1 comments

https://liftoff.energy.gov/advanced-nuclear/ https://www.sciencedirect.com/science/article/abs/pii/S03605... Lazard report for lcoe is so funny because they assume 4h storage will be enough to cover the demand