Force #6: Nuclear power looks cheaper all the time.

Standard & Poor’s recently published a study showing that the next wave of nuclear power plants should be able to produce electricity at $55 per megawatt hour, versus the average rate of $50 per megawatt hour at a coal plant.

Even the $55 figure may prove conservative, because the second wave of nuclear plants could benefit from standardization. All told, the cost of a megawatt hour could potentially drop to about $44!

That’s right: Nuclear power could end up being cheaper than coal, and without the tons of greenhouse gases and poisonous ashes that coal plants spew into the atmosphere.

The cost of uranium is only 6% of the cost to run a nuclear power plant. There fore an increase in uranium rods to doouble what they are today only increases the cost to generate electricity at 6% increase.

But double the price of natural gas and oil and coal the utility factor is 3 fold.