September 22, 2016

Nuclear energy costs in China, USA and Europe

The IEA-NEA Nuclear Energy Roadmap 2015 estimates China’s average overnight costs of approximately USD 3,500/kW are more than a third less than that in the EU of USD 5,500/kW. Costs in the US are about 10% lower than the EU, but still 30% higher than in China and India, and 25% above South Korea

In its main scenario, 2050 assumptions for overnight costs of nuclear in the United States and European Union are estimated to decline somewhat, reaching levels closer to those in the Republic of Korea, while costs in Asia are assumed to remain flat.In China it is estimated that building two identical 1000 MWe reactors on a site can result in a 15% reduction in the cost per kW compared with that of a single reactor











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