French Nuclear Power Cost of Electricity Set to Exceed Costs of Wind Energy

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According to EWEA analysis on the true costs of electricity, nuclear will cost €102 /MWh in 2020 – the average price across Europe taking into account the fact that nuclear plants take a long time to build which pushes up the initial capital cost. Onshore wind energy meanwhile will see a price drop by 2020 falling to €58 /MWh and offshore wind will cost €75 /MWh.

Nuclear will require significant investment in the short and medium term at a rate of at least double the current level of investment, the Court says.  Moreover, new plants are likely to be much more expensive to construct.

Source: EWEA 

 

 

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6 Comments

  1. Why nuclear is on the way out:
    1. Radiation is dangerous to man
    2. Expensive to build compared to Competitive Power Sources.
    3. Creates long lasting radioactiv­e waste
    4. Risky because Nature can destroy any land based nuclear reactor,
    … Any place anytime 24/7/365!
    5. No insurance for radioactive damages to property or people!

  2. Nuclear in France set to Exceed cost of Wind!
    http://wp.­me/p21p6a-­77I
    snip
    According to EWEA analysis on the true costs of electricit­y, nuclear will cost €102 /MWh in 2020 – the average price across Europe taking into account the fact that nuclear plants take a long time to build which pushes up the initial capital cost. Onshore wind energy meanwhile will see a price drop by 2020 falling to €58 /MWh and offshore wind will cost €75 /MWh.

    Nuclear will require significan­t investment in the short and medium term at a rate of at least double the current level of investment­, the Court says. Moreover, new plants are likely to be much more expensive to construct.

  3. Many, many more would install Solar if the Utility paid those that installed Solar for the energy they put INTO the grid, at the very same rate that the Utility charges for that same Energy to folks that take Energy OUT of the Grid! By not paying the same amount, the Utility shareholders receive additional money they do not deserve and the folks that have installed solar end up with a much longer payback period!

    It is time to STOP THE SOLAR ENERGY RIPOFF! http://is.gd/eQog1d

  4. Wait until their next election, then France will follow Germany toward safe Solar!

    I can’t wait, because the bottom line is that Europe cannot afford a Trillion Dollar Eco-Disast­er like Japan now has because Nature can destroy any land based nuclear reactor, any place anytime 24/7/365!

  5. Many, many more would install Solar if the Utility paid those that installed Solar for the energy they put INTO the grid, at the very same rate that the Utility charges for that same Energy to folks that take Energy OUT of the Grid! By not paying the same amount, the Utility shareholders receive additional money they do not deserve and the folks that have installed solar end up with a much longer payback period!

    It is time to STOP THIS UTILITY RIPOFF! http://is.gd/eQog1d

    The faster the payback the more that will install solar and the LESS we need Nuclear!

    Win – Win – Win

  6. The problem with this is that it’s a totally biased, un-objective report from the Big Wind investors in Europe. you need an actual university or government institute to look at the real numbers. The EWEA groups ia about as objective as the Nuclear Energy Institute.

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