Nuclear Reactor Cost Estimates for South Texas Plants
In the figures released to date, NRG estimates the total
costs for Units 3 and 4 at the South Texas Nuclear Project to be between $6.0
and 7.0 billion.*
Dr, Arjun Makhijani used methodology from Florida Power and
Light estimates for similar reactors, plugging in data from CPS Energy in San
Antonio. Makhijani estimates that the two proposed reactors would cost
between $12.0 and $17.5 billion. (Shown in red)
Moody's Investors' Service estimates similar reactors
between $13.5 and 16.2 billion.
Chart and comments prepared by
SEED Coalition, using data from news articles, Moody's reports and Dr. Arjun
Makhijani's report, Assessing Nuclear Plant Capital
Costs for the Two Proposed NRG Reactors at the South Texas Project Site
- March 24, 2008.
* An article that appeared after
this chart was prepared cited a figure of $8 billion.