That competition is handily won by wind and solar.
In the meantime in Switzerland:
"Our cheapest electricity product is nuclear electricity."
That competition is handily won by wind and solar.
In the meantime in Switzerland:
"Our cheapest electricity product is nuclear electricity."
Yes, if you put the cost of commissioning and decommissioning the reactor onto your taxpayers instead of including it in the cost of power, nuclear can be very cheap. I didn't try and translate the German ; but that's the trick Ontario Canada uses to false claim that nuclear power is cheap.
Existing nuclear power plants can be very cheap at $30 – $40 / MWh
New nuclear power plants would be much more expensive at $180 / MWh or more, due to strict modern regulations. Even with these regulations, there is no nuclear plant that is safe against a terrorist crashing an airplane into it.
The unsolved permanent repository problem is left to future generations.
Finally, building a new nuclear power plant will easily take a decade or more.
Cool, the price of solar right now is $30-$85 / MWh, and that range is dependent on whether you got storage included in the bill or not.
And that price will only get cheaper, as both the US and China continue ramping up production.
Nuclear? It would need to reduce its costs by 70% to get where solar is now. And then do it again to be competitive with where solar+storage will be in 10 years.
Nuclear is economically a dead technology.