Today several items have floated across my radar screen contending that renewables are cheaper than nuclear power. Here, for example, is a snippet of a talk from Eric Schmidt of Google on the topic.
I can see the possibility, given the innovations in renewables, incorporating the savings in foregone wires construction (although that depends …), and the costs of construcing nuclear plants. I’m not sure either way, though, and it’s hard to get a good read because both industries have such convoluted subsidies. Moreover, researchers are working on cheaper, more modular, smaller scale nuclear plants, so the fact that both industries are experiencing innovation makes answering this question even more difficult.
Have you seen any good analyses comparing these costs? I’m keen to learn more.