According to a new report from the generally pro-nuclear organization, Climate Progress, nuclear power is just about the most expensive carbon-free option on the table today. In response, the organization is considering completely eliminating nuclear power from it's plan to make the world's power generation carbon free.
Nuclear power plants being built today are required to have strict safety measures as well as waste disposal plans that make them significantly more expensive than previous nuclear power plants. The result is that prices for nuclear power have increased, currently at around 30 cents per kW/h. Or, roughly three times the cost of today's average utilities, ten times the cost of reducing power use through efficiency and double the cost of solar thermal.
Climate Progress (and EcoGeek) are happy to encourage existing plants to continue producing power, and are excited about possible new technologies that will lower the price. But nuclear power, the way it currently exists, is not only a bad idea because of waste and the dangers of nuclear proliferation...it makes less financial sense than solar and wind.
Via Climate Progress and Earth2Tech

written by Cleanfutureenergy, January 06, 2009
However, because the world has not built a nuclear power plant for so long, nobody actually knows what they will cost.
Given that they promised us free electricity last time round, I take stories from that side with a big pinch of salt as well.
written by Phil, January 06, 2009
written by Tristram, January 06, 2009
Phil: sounds plausible. However this has only little to do with the costs that are discussed here. A nuclear power plant has huge runing costs, huge security costs, huge waste treatement costs. I you concern was about what to do with all the waste, in a wind turbing you can recycle almost every thing, in a nuclear powerplant almost nothing is recyclable as it is contaminated
written by Enrique, January 06, 2009
Wind turbines could be recycled. Where are you going to store nuclear waste?
written by jhv, January 06, 2009
written by Matt, January 06, 2009
Billions of dollars just to boil water (in order to turn a turbine to create electricity.) I'd think we'd have many more creative (and more sustainable) options toward producing electricity, and it seems Climate Progress may agree also. How much money have we've spent already just studying and lobbying for a resurgence in nuclear power? It didn't work before and the public is way too uncomfortable with the technology to make it work in the future.
What saddens me the most is how it's proven that the best money we can spend is toward making our lives more energy efficient - first. If those billions of dollars could go toward making our exiting homes more efficient - we'd never think twice nuclear non-renewable power generation again.
written by EV, January 06, 2009
The problem with determining the true cost of nuclear power has always been 1) the radioactive waste and 2) keeping it from the bad guys.
1) It's called nuclear reenrichment. It drastically reduces the ammount of waste and the resulting waste in much less radioactive and easier to store that the ~90% reusable stuff we have today.
2) FUD.
written by jhv, January 06, 2009
written by Graduate, January 06, 2009
Now the simple truth is I would rather have a wind turbine in my back yard. It if brakes down I don't have to worry about much. But anytime a nuclear plant goes down its a big deal and a lot more people are effected.
Just because we have the ability harness harness nuclear fission does not mean we should. Going nuclear is a calculated risk. We calculate the chances of something going wrong, the chances somebody will attack it and so on. They build it so it can withstand a certain level of disaster. But again thats how the world trade center was build...withstand a certain level of disaster! Where wind, solar and geothermal is low risk. It seems that by increasing the use of nuclear power so to does the problem of supporting and risks inherent with it. I forgot to mention the old problem of just war. How many countries are trying to build reactors? Our government doesn't want most of those countries to build them. Israel just bombed one and threatened to take out another...
It seem like the power vs. weapon vs. accident vs. storage surrounding fission is not worth it. Be real who goes to war over wind turbines or who tries to smuggle wind turbines. You don't have to store used wind turbines for a 1000 years or who creates a dirty turbine bomb.
The point is we are smart. But not smart enough to think of everything that might happen. Put the development resources into sources of power that don't require the mining, burning, processing and refining of fuels. there is plenty of energy naturally free we just have to be smart enough and united enough to figure out how to tap it.
written by Phil, January 06, 2009
written by bbm, January 06, 2009
Something like that is expected to deliver at 10 cents per kwh.
And that doesn't even take into account newer technologies like pebble bed helium cooled reactors.
Renewables, even if cheaper, are intermittent and/or weakly scalable (at present).
Nuc plants can provide base load more easily than wind or solar (though I do expect solar to be a huge player in time).
The waste issue is a bounded, solvable problem.
written by Joel, January 07, 2009
written by Antonio, January 07, 2009
You could see the externalized costs of waste disposal, mining the fuel and health-related deaths from same, security costs throughout the full fuel cycle, all as further public subsidies.
Also, the liability waivers they've received from the government(taxpayers).
In other words, if something does go wrong, as it eventually will, the companies are not liable over some small dollar amount. Damages from any nuclear accident will be HUGE.
It's time we leapfrog to clean and green, invest in the research and production of solar, wind, geothermal.
Antonio
written by David, January 15, 2009
written by Dana, January 19, 2009
Those claiming that renewables can't be sufficiently scaled up and can't provide baseload power need to research concentrated solar thermal and geothermal power. Climate Progress is a great site to research these technologies, which can provide baseload power on the order of half the cost of power from new nuclear plants, according to the study in question.
written by Amy, September 08, 2009
with all its limitations, is it realistic to rely solely on renewable energy? Instead of bashing nuclear energy and trying to eliminate it altogether we should be focusing on ways to improve and sustain nuclear plants in ways that are environmentally friendly... does anyone agree with me?
written by compact fluorescent light, November 17, 2009
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Fact is, neither of these costs are known or properly accounted for in financial models.