Fact: investing in wind power is far more profitable thaninvesting in nuclear power
Uncertainty and High Economic Risk: The Net Present Value of an investment in nuclear power- Cover page
Executive summary: Greenpeace has calculated the Net Present Value (NPV) of aninvestment in a new nuclear power plant in the Netherlandsusing a methodology developed by PricewaterhouseCoopers forthe report ‘A financial and economic comparison of coal, gasand wind options for Dutch electricity generation’1. The results of Greenpeace’s calculations show that losses can be as high as €3 million per installed MW capacity and are highly dependent on market electricity prices and investment costs.As this report shows, alongside the problem of nuclear waste and the safety of nuclear power plants that can never be guaranteed, the costs of nuclear power are so high that - without a set of governmental subsidies and guarantees -a company would have no interest in investing in new nuclearpower capacity.
Num. pages: 8