Sunday, May 31, 2015

Lazard's Levelized Cost of Energy Analysis Version 8.0

A 2014 analysis by the financial advisory firm Lazard captures the economics holding back nuclear expansion. Lazard pegs the cost of building nuclear capacity in the United States at $5.4 million to $8.4 million per megawatt. Adding operating, maintenance, and fuel costs yields an average lifetime cost of $92 to $132 for every megawatt-hour generated. That is far above the unsubsidized costs of utility-scale solar power ($72 to $86 per megawatt-hour) and onshore wind ($37 to $81 per megawatt-hour).
http://www.lazard.com/PDF/Levelized%20Cost%20of%20Energy%20-%20Version%208.0.pdf

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