Michael Purdie The following is a guest post by NEI's Michael Purdie. In 2015, total generating costs for U.S. nuclear generation declined to $35.50/MWh from $36.35/MWh, a two percent decrease (2015 dollars). Total generating costs are the “all-in” costs that include fuel, capital, and operating expenses. As the table below shows, the costs decreased roughly evenly between fuel ($0.31/MWh), capital ($0.22/MWh), and operations ($0.33/MWh). While the costs declined in 2015, performance improved. The nuclear industry operated at 92.2% capacity factor , which was an increase from 2014 (91.7%) and 2013 (89.9%). The nuclear industry is fighting to be valued properly in the electricity markets. Not only do nuclear plants provide electricity 24 hours a day, 7 days a week, they provide clean energy , grid reliability , price stability, and fuel diversity . Each of these attributes provides value that is not always priced into the market. In...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.