A new report out of Duke University says that solar energy and nuclear energy have passed a “historic crossover,” where decreasing solar energy costs and increasing nuclear energy costs have met, and then parted. Solar energy is now cheaper than nuclear energy and is getting increasingly cheaper every day
The costs include construction, which for nuclear plants is $10 billion per reactor and rising. The nuclear industry also gets huge guarantees and support from the federal government and in effect they can’t fail, because the government and ultimately taxpayers will pick up the tab. How cosy for management of nuclear facilities.
But with solar now costing less than nuclear, all of this needs to change. Forget nuclear, it’s a fossil now. And a dangerous fossil to boot.