Economics of nuclear electricity and inter-fuel competition

Pekka Silvennoinen

Research output: Contribution to journalArticleScientificpeer-review


The costs of generating base-load electricity are compared on a unified costing basis assuming the plants' size for the different fuel alternatives—nuclear, coal, gas, biomass and peat—to vary according to the infrastructure requirements. Fuel costs are assumed to reflect the market values in Europe to as realistic an extent as possible. Recognizing that there may be a substantial local or regional differences, it is concluded that nuclear electricity generally enjoys a narrow competitive edge, which can become more significant if fossil fuel prices escalate or if energy and carbon taxes are introduced.
Original languageEnglish
Pages (from-to)5-12
JournalNuclear Engineering and Design
Issue number1-2
Publication statusPublished - 1996
MoE publication typeA1 Journal article-refereed


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