A comparison of FITs for nuclear vs. renewables

In a guest post, French energy expert Bernard Chabot provides the hard math behind the calculations of feed-in tariffs for nuclear in the UK and compares them to current FITs for wind (offshore and on) and PV under conditions in the UK. He finds that new nuclear already costs some 50 percent more than onshore wind and will cost two and half times as much by the mid-2030s. PV will also costs nearly the same as new nuclear in 10 years even in the cloudy UK.

This article is available as a PDF. Also see our recent report on the level of feed-in tariffs for nuclear in the UK. (Craig Morris)