Solar Energy Cheaper Than Nuclear Energy

August 2, 2010

solar power wind nuclear

"Solar Energy is Now the Better Buy" after reaching a "Historic Crossover"

The costs for solar photovoltaic (PV) systems have fallen steadily while construction costs for new nuclear power plants have been rising over the past decade, which now makes electricity generated from new solar installations cheaper than electricity from proposed new nuclear power plants, according to a new report out of Duke University.

Moreover, the report continues, solar costs are expected to decline further over the coming decade while nuclear costs are expected to rise further.

Electricity generated from solar PV now costs 14-to-19 cents per kilowatt-hour (kWh), while nuclear plants in the planning stages will not be cheaper than 14-to-18 cents per kWh, according to the report. (US)

Down load and read the yourself “Solar and Nuclear Costs — The Historic Crossover: Solar Energy is Now the Better Buy,”


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