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Exorbitant cost of nuclear power

The wider lessons from nuclear power cost inflation SCITIZEN (UK) 26 Oct, 2009  “……………. the full costs of nuclear technology are probably well above today’s wholesale electricity prices. We may well need nuclear power but we are going to pay heavily for it. The government’s optimistic noises from 2006 to the middle of this year about the commercial viability of nuclear power have turned out to be wrong………………….

Nuclear power has gone up in price, probably by a factor of between two and three above what was expected even a few years ago. This is no surprise and even this blog predicted such figures early this year (see here and here). The continued problems at the new Finnish nuclear power station raise the strong suspicion that cost estimates will rise further in the future..

The wider lessons from nuclear power cost inflation – Scitizen

October 27, 2009 - Posted by Christina Macpherson | 1, business and costs, UK | antinuclear, nuclear, nuclear costs