China's more recent nuclear construction was also cited. $150 billion for 300 TWh per year.
80% of the world's new nuclear reactors are being built in China, India, Russia and South Korea. Those are coming in at a price of $2000-3000 per KW. A gigawatt nuclear reactor at $2-3 billion each built in 4-6 years. A gigawatt nuclear reactor can generate 8 Terawatt hours per year.
https://www.world-nuclear.org/information-library/economic-a...
A fully amortized nuclear power plant generates power at about 2 cents per kwh. http://www.world-nuclear.org/uploadedFiles/org/info/pdf/Econ...
Germany, between 2006 and 2017, increased the cost of electricity for households by 50%. (per OECD)
http://www.oecd-nea.org/ndd/pubs/2019/7299-system-costs.pdf
French electricity costs are just 59% of German electricity prices. France produces one-tenth the carbon pollution from electricity compared to Germany.
Where does the 2 cents figure come from? - A website commissioned explicitly to promote nuclear power industry. Have some discernment, please.
[1] https://www.lazard.com/perspective/levelized-cost-of-energy-...
what now, costs or prices? These things are hard to compare: what is the actual energy bill of a household? A typical German household will consume less electricity and have a higher income.
That is, renewables are new technology and being built out rapidly. Nuclear capacity is 3-4 decades old and the build-out investment was recouped long ago. France absolutely cannot build new reactors 3x cheaper than Germany can put up equivalent windmills, and to argue that is absolutely laughable. This is a ridiculous article.