Cost of Nuclear Power: Why nuclear will cost more than the alternatives

No 2 Nuclear Power briefing, February 2011

The cost of building new nuclear power stations continues to escalate. When the Government re-visited the cost of new reactors in 2008 it estimated capital costs to be around $2,000/kW. EDF Energy now estimates the cost of its proposed Hinkley C reactors at $4,260. Estimates from other parts of the world suggest that between $6,000/kW and $10,000/kW might be more realistic. This briefing examines the cost of nuclear power and compares it with the alternatives.

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