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Solar energy now overlaps in cost with nuclear fuel alone for "cheap" modular reactors

energy-utilities.com Masdar awarded bid to construct and operate 1,800MW Phase 6 of Mohammed bin Rashid Al Maktoum Solar Park

Masdar's bid of 1.6215 USD cents/kWh sets record for lowest Levelised Cost of Energy (LCOE) among DEWA's solar projects. Phase 6 to be operational from Q4 2024, contributing to Dubai's clean energy goal

Masdar awarded bid to construct and operate 1,800MW Phase 6 of Mohammed bin Rashid Al Maktoum Solar Park

Uranium is $128.30/kg

After enrichment, conversion and fabrication that's $3400/kg for 4.95% fuel.

At 36-45MWd/kg and a net thermal efficiency of 25% or $12.5/MWh up front.

With a 90 month lead time (72 month fuel cycle and 18 months inventory) at 3% this is $16.2/MWh

Which some solar projects are now matching

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