By Professor John Robertson OBA Thanks to JB for alerting me to this: From the Institute for Energy Economics and Financial analysis in January 2023, based on a US (Utah) energy company’s updated projections, the above chart and: As recently as mid-2021, the target price for power was pegged at $58 per megawatt-hour (MWh); it’s risen to $89/MWh, a 53% increase. The price would be much higher without $4 billion federal tax subsidies that include a $1.4 billion U.S. Department of Energy contribution and a $30/MWh break from the Inflation Reduction Act. The higher target price is due to a 75% increase … Continue reading Research from USA reveals ‘eye-popping’ new costs for small nuclear reactors favoured by Labour