My conclusion is that the cost of capital of nuclear can be reduced to the level used in the Government’s 2020 cost of energy report for offshore wind. Further improvements could be made by using the RAB model. Recent increases in interest rates will hit all forms of energy production and maybe nuclear power more than others because of the very long-term nature of the cashflows. However, policymakers should place additional weight on the actual value of the nuclear power delivered 30, 40 or 60 years in the future. The energy delivered will be reliable and stable, exactly what we will need as the backbone of the grid to power a modern economy.
https://davidturver.substack.com/p/how-to-make-nuclear-power-cheaper