Cost of German Solar is Four Times Finnish Nuclear

[kristopher]

69. Why does a 60 year old industry need subsidies?

In 1954, General Electric stated in an advertisement placed in National Geographic that, “We already know the kinds of plants which will be feasible, how they will operate, and we can estimate what their expenses will be. In five years—certainly within 10—a number of them will be oper- ating at about the same cost as those using coal. They will be privately financed, built without government subsidy.” Clearly, 5 or 10 years were not enough in the 1950s and ’60s, and there is little reason to expect that present subsidy requirements will be short-term either.In the case of nuclear it's because they can't exist without them.

Koplow pg 19


Koplow table 28

Repeat:
Note: Subsidies are compared to EIA 2009 power prices entailing comparable busbar plant generation costs (high: 6.0 ¢/kWh; reference: 5.7 ¢/kWh).

Total estimated subsidies to new reactors are much higher than those for ongoing operations at existing plants: 4.2 to 11.4 ¢/kWh—or between 70 and 200 percent of the projected value of the electricity they would produce over the next 15 years.

Would you care to discuss the amount of lifetime subsidies or the raw amount of subsidies?

The argument you make about subsidies is thoroughly dishonest.