New Metric Shows Renewables Are 53% Cheaper than Nuclear Power

New metric shows renewables are 53% cheaper than nuclear power

A new metric for assessing total system costs puts a least-cost mix of offshore wind and solar at about €46 ($54.20)/MWh in a future climate-neutral energy system for Denmark. Researchers tell pv magazine that figure is less than half the equivalent cost of nuclear under the same conditions.A peer-reviewed study using Denmark as a case study has found that renewable energy portfolios outperform nuclear power on total system cost in the modeled f…