CSEI has just published a new Policy Brief on the economics of nuclear energy – with a clear message that investments in nuclear power need to be thought through carefully. The levelized costs of electricity from renewables have decreased by up to 90% in the past decade. During the same period, the cost of nuclear power has increased by more than a third. This led to a domination of renewables in new investments worldwide. Even when factoring in integration costs of renewables and new nuclear technologies, building new nuclear power remains multiple times more expensive than new solar or wind projects. Given the financial, project, and technological risks, the role of nuclear in the energy transition should be questioned. The policy brief has been simoultanously published in SEB’s “The Green Bond” series.
