I stumbled across a tool from the Bulletin of the Atomic Scientist, which purports to calculate the full cycle cost of nuclear energy. While it has its limitations, I think does highlight a few interesting points.
Figure 1: The Bulletin of Atomic Scientist (BoAS) costs, baseline & adjusted with various options compared to DoE estimates for renewables & fossil fuels
Firstly, the baseline cost they suggest for nuclear power works out at about a LCOE of $ 84.4 per MWh (the site quotes in cents per kWh, however, I’m converting to $/MWh because its what we usually use when quoting LCOE’s). This is a bit less than the DOE’s estimate of $95/MWh for nuclear. The DOE also quotes costs of $74/MWh for wind, $125/MWh for solar. By 2022 they expect costs in the range of $96/MWh for nuclear, $74/MWh for solar, $56/MWh for…
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