Rodman: Fuel Is 15% of Nuclear Plant Costs vs. 80% for Gas
Adam Rodman · Adam Rodman – The Case for Nuclear (Climate Solutions EP.4, Capital Allocators EP.304) · Mar 27, 2023 · at 22:24
Segra Capital Management CIO Adam Rodman explains nuclear reactor operating economics and cost structure compared to fossil fuel power plants.
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“Fuel costs are a relatively small percentage of operating a plant. People who don't know nuclear economics that well maybe assume that light coal or gas plant feedstock is 80% of running. It's flipped on its head for a nuclear reactor. It's all Upfront, CapEx, global OpEx, and fuel costs, fully baked are maybe 15, 17%. Uranium is three to five percent.”
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