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Showing posts with the label NC WARN

Is Solar Really Cheaper Than Nuclear?

Based on an anti-nuclear group’s report, the New York Times and its global edition, the International Herald Tribune , published a piece last week claiming that solar is now cheaper than nuclear. Rod Adams right off the bat saw through the bunkum and took the NYT as well as the anti-nuclear group’s report to town. After taking a closer look, we have more to add. The report the NYT references comes from the group North Carolina Waste Awareness & Reduction Network (WARN). Below is the thesis of their 18 page report (pdf): Here in North Carolina, solar electricity, once the most expensive of the “renewables,” has become cheaper than electricity from new nuclear plants. When digging into the foundation of this statement, there’s one key factor in the solar cost assumptions that makes all the difference. As Rod pointed out, it’s that they are based on large incentives. On page 17 of the report, this sentence explains the large solar incentives included in the calculation...