The Economics of Nuclear Power

Jens Weibezahn; Björn Steigerwald

doi:10.22439/csei.pb.015

The Economics of Nuclear Power

Jens Weibezahn, Björn Steigerwald

Department of Economics

Technische Universität Berlin

Research output: Working paper › Research

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Abstract

The levelized costs of electricity from renewables have decreased by up to 90% in the past decade. During the same period, the cost of nuclear power has increased by more than a third. This led to a domination of renewables in new investments worldwide. Even when factoring in integration costs of renewables and new nuclear technologies, building new nuclear power remains multiple times more expensive than new solar or wind projects. Given the financial, project, and technological risks, the role of nuclear in the energy transition should be questioned.

Original language	English
Place of Publication	Copenhagen
Publisher	Copenhagen School of Energy Infrastructure
Number of pages	3
DOIs	https://doi.org/10.22439/csei.pb.015
Publication status	Published - 2022

Series	CSEI Policy Brief
Number	15

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This output contributes to the following UN Sustainable Development Goals (SDGs)

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