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Natural gas in reality much cheaper than nuclear energy

Cheaper natural gas makes it hard to build nukes The Dallas Morning News, Elizabeth Souder, 25 March 20201, Natural gas at $3 per million British thermal units is simply too cheap for a power company to consider building a nuclear power plant, according to Energy Future Holdings chief executive John Young.What do the two have to do with each other? Everything.In Texas, as in many places, natural gas markets set the price of electricity. The higher natural gas goes, the more money power generators get for their product…..the higher natural gas prices rise, the fatter the profit margins for nukes.

March 26, 2010 - Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear costs

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