The cost of nuclear electricity: France after Fukushima

The cost of nuclear electricity: France after Fukushima

The Fukushima disaster has lead the French government to release novel cost information relative to its nuclear electricity program allowing us to compute a levelized cost. We identify a modest escalation of capital cost and a larger than expected operational cost. Under the best scenario, the cost of French nuclear power over the last four decades is 59 €/MWh (at 2010 prices) while in the worst case it is 83 €/MWh. On the basis of these findings, we estimate the future cost of nuclear power in France to be at least 76 €/MWh and possibly 117 €/MWh. A comparison with the US confirms that French nuclear electricity nevertheless remains cheaper. Comparisons with coal, natural gas and wind power are carried out to the advantage of these.

Source: Social Science Research Network. Boccard, Nicolas, The Cost of Nuclear Electricity: France after Fukushima (November 12, 2013). Available at SSRN: or

Date: September 2013

Download the report

Related Articles

World Bank Group sets new course to help countries meet urgent climate challenges

Climate change poses an enormous challenge to development. By 2050, the world will have to feed 9 billion people, extend

5 Reasons Oil Prices Are Dropping

As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify

The global climate: 2001-2010 a decade of climate extremes

The report analysed global and regional temperatures and precipitation, as well as extreme events such as the heat waves in Europe