Comment by kimovski

21 hours ago

115 $/MWh.

Thats what EDF's stating their NUWARD SMR (up to 400MW) will cost in France, just as comparison. Not cheap for the taxpayers in Italy.

https://www.reuters.com/business/energy/frances-edf-plans-10...

I doubt that number but it would be an improvement: the MW in Italy is far beyond 200 USD/MW in wholesole market.

Btw, it is not completely about price/MW but it is also about sovereignty and... No, there is no U mines in Italy but a commodity market is much more managable than the oil market.

Italy is hugely dependent on natural gas for electricity, so it actually makes economic sense.

South Korea has a lot of nuclear power for related reasons - they can't risk being too dependent on LNG imports, lest some of their more volatile neighbours capture the shipments.