Competitive economics: nuclear and coal power

Ignorance of the comparative economics and prematurity in adopting light water reactors characterize the nuclear industry, which has defied the laws of logic for learning. The absence of valid authoritative data to determine the economics of a newly ordered nuclear power plant is what leads to the methodological problems in making comparisons with coal. The author's solution adjusts the four most authoritative studies to reality: by the Atomic Energy Commission in 1975, a team of TRW and Mitre Corp. for ERDA in 1976, by the Nuclear Regulatory Commission in 1979, and by Exxon. The adjustments, which include original costs adjusted for lifetime; capital adjustments for sufflation, construction time, unit life, and capacity factor; fuel adjustments, and other adjustments involving management, replacement, maintenance, fuel prices, waste disposal, etc.) show that the total busbar cost per kWh from nuclear power units is 2.2 times that of coal. 7 references, 1 table