The Economics of Nuclear Energy

The Economics of Nuclear Energy

It’s often claimed that wind and solar are the cheapest forms of clean energy, while nuclear power is the most expensive. At first blush, this seems accurate; a single solar panel or wind turbine is relatively inexpensive, whereas building a nuclear power plant can cost billions of dollars. So yes, if you’re comparing individual units, wind and solar do appear cheaper. But that kind of comparison does not really tell us the full story. Let’s dig…