ClimateProgress.org / by Craig A. Severance
http://climateprogress.org/wp-content/uploads/2009/01/nuclear-costs-2009.pdf
A new study puts the generation costs for power from new nuclear plants at from 25 to 30 cents per kilowatt-hour — triple current U.S. electricity rates!
This staggering price is far higher than the cost of a variety of carbon-free renewable power sources available today — and 10 times the cost of energy efficiency (see here).
The new study, Business Risks and Costs of New Nuclear Power, is one of the most detailed cost analyses publicly available on the current generation of nuclear power plants being considered in this country. It is by a leading expert in power plant costs, Craig A. Severance. A practicing CPA, Severance is co-author of The Economics of Nuclear and Coal Power (Praeger 1976), and former Assistant to the Chairman and to Commerce Counsel, Iowa State Commerce Commission.
This important new analysis is being published by Climate Progress because it fills a critical gap in the current debate over nuclear power — transparency. (Grist.com posting by Joseph Romm via WSJ Environmental Capital)
Filed under: Energy and Climate | Tagged: Nuclear
Thank you for this! Couldn’t have come in a better day.
[...] by Carlos Ferreira I couldn’t possibly imagine a better day to read a study on the business risks and costs of nuclear power. ClimateProgress.org / by Craig A. Severance [...]
Thank you for the details and the insight. Your study is very timely as it is helping us in Jordan fight against the nuclear conspiracy. Any data or information you may suggest would be extremely helpful especially in issues related to water and thermal pollution of the effluent water used for cooling in a (100MW PWR ) and the costs associated with decommissioning, cost for security of power plants against possible attack or against earth quakes.