Abstract
Although the prospects for nuclear power are almost always assessed on the basis of cost comparisons, the economics of nuclear power is a very inexact science because of ever changing costs and the unpredictability of future events. An examination of past trends reveals that nuclear and conventional plant power cost projections have rarely been correct relative to actual costs. Nevertheless, it is of interest to review these trends with the hope that some insight might be gained to improve the accuracy of future cost estimates. These two lectures have this goal as their main objective.
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