The cheapest way for the U.K. to meet its goal of cutting emissions by 80 percent from 1990 levels over the next four decades would triple nuclear power generation, according to the government’s carbon plan.
It would cost the least to have 33 gigawatts of nuclear power, 45 gigawatts of renewables and 28 gigawatts of fossil fuels with carbon capture and storage technology fitted, according to a government statement. The country has about 10 gigawatts of installed nuclear capacity.
Average energy costs, including for buildings and transport, would rise 24 percent from current levels to 4,598 pounds ($7,237) per person per year in the next four decades under the cheapest scenario, known as market allocation or Markal, the so-called 2050 calculator tool shows. Boosting nuclear generation sevenfold would increase the cost through 2050 by about 13 percent.
http://www.bloomberg.com/news/2011-12-01/u-k-s-cheapest-way-to-2050-carbon-goal-would-limit-new-nuclear.html