mheslep said:
Planned and unplanned NPP outage is still less than 10% in the US, i.e. over 90% capacity factor.
Okay. Just making sure you count it in :). While you're at it, include the costs of load-shedding and of all the gas-fired plants that must be built and maintained while idle because 4000 MW going off-line all at once with zero advance notice is no bloody joke.
Be sure to include the costs of cleanup and permanent storage for spent fuel, as well as insurance... oops. Did I just say that out loud? Hmm. Nuclear is subsidised, everywhere in the world, by legislation which allows NPPs to function without insurance.
So let's add in that subsidy too. So far Fukushima has cost TEPCO 8 billion dollars iirc, and they have barely started paying reparations. All that money eventually comes out of the state budget by the way. What does that do to the cost/KWh of nuke power in Japan?
I won't be nasty and tell you to add in the notional insurance premia that SHOULD have been paid to insure every NPP for such a large sum, because no company in the world would insure an NPP, ever.
Frustratingly enough, I can't get nuke accident insurance for myself and my property either, and I'm not an NPP operator, just a private citizen in a country that owns and operates one. I can get insurance against alien abduction (yes, really), floods, earthquakes up to magnitude 9, a whole range of accidents, diseases and illnesses, whatever. Just no NPP mishaps. The losses from those are, quite literally, incalculable and unpredictable.
To be entirely honest, I'm not of the opinion that wind is a cost-effective alternative now. It may become one, with economies of scale which may or may not happen.
I only see solar thermal and hydropower as viable renewables, for now.
Solar PV is ridiculously expensive still, other techs are in their infancy.