Cost Efficiency of Nuclear Power in China

The cost of electricity from nuclear power is significantly lower in China compared to the US and the EU. The International Energy Agency estimates that China's cost is $65 per megawatt hour, while it's $105 in the US and $140 in the EU. Recent data suggests that the US might be paying up to 10 times more than China for nuclear power generation. This cost efficiency gives China a long-term competitive advantage in electricity production and capacity building, as they are able to produce electricity more affordably and at an accelerated rate.

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