This report compares the costs of nuclear power and micro-generation and argues for radically increased investment in small-scale solutions.
This paper assesses the cost implications of different approaches. Firstly, it surveys the costs involved in building and running a new fleet of nuclear stations. It then looks at the costs of three forms of ‘micro-generation’ - micro combined-heat-and-power, small-scale wind power and solar photovoltaics. For all the technologies surveyed, cost estimates are drawn from a range of government, industry and academic sources. Lastly, it compares the costs of nuclear power and micro-generation, and argues for radically increased investment in small-scale solutions.