2 ms·
Even in the US with less regulation and more subsidies, nuclear is more expensive than coal. https://www.lazard.com/perspective/levelized-cost-of-energy-2017/
by xxgreg 9y ago
Even in the US with less regulation and more subsidies, nuclear is more expensive than coal.
https://www.lazard.com/perspective/levelized-cost-of-energy-2017/ https://www.lazard.com/perspective/levelized-cost-of-energy-...
Keeping old nuclear plants online for a few extra years is not a solution to climate change. If some other western democracy can show how to build and operate nuclear plants cheaply and safely, great, do it.
So far the examples of recent new builds are slow and expensive. See VC Summer, Vogtle, Flamanville, Olkiluoto, and Hinkley point. From where I sit it looks like the German decision in 2001 to phase out nuclear was the right one, but only time will tell. (Merkel really did make a big mess in 2011 though)
Edit: Finish names are hard to spell.