The Staggering Cost of New Nuclear Power - Triple
Current U.S. Electricity Rates
Climate Progress, January 5, 2009
A new study, "Business Risks and Costs of New Nuclear Power," puts the
generation costs for power from new nuclear plants (including fuel & O&M but
not distribution to customers) at from 25 to 30 cents per kilowatt-hour.
This is far higher than the cost of a variety of carbon-free renewable power
sources available today — and ten times the cost of energy efficiency.
Construction delays would run costs higher, risking funding shortfalls. The
strain on cash flow is expected to degrade credit ratings. The study was
authored by Craig A. Severance, former Assistant to the Chairman and to
Commerce Counsel, Iowa State Commerce Commission.
http://climateprogress.org/wp-content/uploads/2009/01/nuclear-costs-2009.pdf
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