Nuclear energy is cheaper than gas, and needs no taxpayers’ subsidy

The Guardian stated that “the most obvious objection is cost: nuclear power is expensive, especially when compared with gas”. However, most international studies show that nuclear can compete with gas – even before the carbon costs are taken into account. It is also worth noting that most of these studies were completed before gas prices quadrupled. Nuclear produces electricity at a predictable cost, so utilities are likely to use it to hedge against fossil-fuel costs and carbon price volatility. The current strength of gas and coal prices simply enhances that economic case.

guardian