Wednesday, October 14, 2009

Nuclear - Hope or Hype? (page 56)

A Vermont Law School analysis found that nuclear electricity would cost 12-20 cents kwh, compared to 6 cents for renewable energy. Adding 100 new nuclear reactors would cost between $1.9 and $4.1 trillion more, over the reactors’ lifetime, compared to efficiency and renewables.

Source: Scientific American blog, June 2009

In Ontario, the only ‘compliant’ quote for two new nuclear power plants that the Ontario government received came in at three times the expected cost, and would have cost $26 billion, wiping out the province’s entire non-nuclear expansion budget for 20 years. Similarly, Turkey’s only bid came in at 21 cents kWh.

Source: Climate Progress, July 2009

Post a Comment