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+ - Nuclear in 2018 more expensive than solar PV today->

Submitted by hmbJeff
hmbJeff (591813) writes "A study by the California Energy Commission that looks at estimated costs of 21 types of energy generation facilities estimates that a gen-3 Westinghouse AP1000 1,000 MW Pressurized Water Reactor would generate electricity in 2018 for between $0.17/kWh and $0.34/kWh.

The cost of solar PV today is already competitive with the high end of that range, and is dropping at a rapid pace.

This comes on the heels of another new report showing that the free-market insurance costs for nuclear would add from ($0.20/kWh) to a staggering $3.40/kWh.

If costs are the same or lower for renewable energy technologies, why would rational people choose the risks of nuclear?"

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