Existing nuclear power is acceptably cheap. For France the longterm LCOE for running their fleet to EOL is €60 per MWh.

The problem is new built nuclear power which costs €180-240 per MWh excluding insurance, backup, final waste disposal etc.

It also won't be online until the 2040s meaning it is entirely irrelevant as as solution to anything on a time scope not on the level of decades.

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schnitzelstoat 4 days ago | parent [-]

Yeah, but that reminds me of Nick Clegg in the UK in 2010 saying:

> By the most optimistic scenarios... there's no way they are going to have new nuclear come on stream until 2021, 2022. So it's just not even an answer

Well, now we are in 2026, and we still have the same problem.

	▲	ViewTrick1002 4 days ago \| parent [-]
		The UK has had complete political unity on building new nuclear power since 2006. That tells you the timelines. For Hinkley Point C with the latest estimate being the first reactor online (not commercially operational) in 2030 that gives a "planning to operation" time of 24 years. For Sizewell C EDF are refusing to take on any semblence of a fixed price contract and they are instead going with a guaranteed profit pay as you go model. Where ratepayers handout enormous sums today to hopefully get something in return in the 2040s.