Is nuclear economical in comparison to renewables?

This paper sets out to answer this question. The detailed model-based prospective scenario assessment performed in this study provides the basis for estimating future cost developments. After discussing the existing support schemes for renewables, the paper compares these with a nuclear model. The comparison is conducted exemplarily for the United Kingdom (UK) at a country level and for the EU 28 overall. The recent state aid case for the construction of the Hinkley Point nuclear power plant (NPP) in the UK serves as the model for the nuclear option.