The Economics of Nuclear Reactors

Guest Blog | June 19, 2009 | Reports and Fact Sheets

The likely cost of electricity for a new generation of nuclear reactors would be 12-20 cents per kilowatt hour (KWh), considerably more expensive than the average cost of increased use of energy efficiency and renewable energies at 6 cents per kilowatt hour, according to a major new study by economist Dr. Mark Cooper, a senior fellow for economic analysis at the Institute for Energy and the Environment at Vermont Law School. The report finds that it would cost $1.9 trillion to $4.1 trillion more over the life of 100 new nuclear reactors than it would to generate the same electricity from a combination of more energy efficiency and renewables. Read the summary and press release .CooperReportonNuclearEconomicsFINALJune2009.pdf