Oct. 12, 2004: Study Says Nuclear Power Competitive With Coal, Natural Gas
WASHINGTON - A study by the University of Chicago finds that advanced nuclear power plants could be cost-competitive with coal and natural gas as a source of electricity. The study was sponsored by the U.S. Department of Energy (DOE).
Whereas the levelized cost of electricity (LCOE) for coal is $33 to $41 per MWh and $35 to $45 per MWh for natural gas-fired production, new nuclear plants would have costs of $31 to $46 per MWh once early plant costs are absorbed, according to the report.