Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, February 28, 2012

Levelized Current and Future Costs of Nuclear, Solar and Fossil Fuels

Levelized Current and Future Costs of Nuclear, Solar and Fossil Fuels

There is a lengthy analysis at solar cell central of how projected costs of solar power could get to the range of costs for coal and natural gas.

Nextbigfuture has looked at detailed comparisons of energy costs many times.

In South Korea and China with 5% financing costs, nuclear power can get down to a price of $29-32 per MWh or 2.9 to 3.2 cents per KWh.

China, India, and other countries with high GDP growth and development are where the vast majority of new power is being built. For solar or any new power to displace an established power plant then the cost would have be below the operating costs.

Coal and natural gas can get to about $40 per MWh or 4.0 cents per KWh.



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