Business, Enterprise and Regulatory Reform written question – answered at on 21 January 2008.
To ask the Secretary of State for Business, Enterprise and Regulatory Reform what estimate he has made of the average cost of producing one kilowatt of energy from a nuclear power station.
The Department carried out an extensive cost-benefit analysis of the costs of nuclear generation for the Energy Review in 2006 and the Energy White Paper in 2007. This compared the costs of nuclear against those of other low carbon generation options as well as against the cost of generation from gas.
The cost-benefit analysis included a number of sensitivities for the costs of nuclear generation, including variations in the construction cost, discount rate and waste management and decommissioning costs.
The analysis is available at:
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