Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF).
Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion a year. Steckler said nuclear plants are being paid $20/MWh to $30/MWh for their electricity, while their generation costs an average of $35/MWh.
