Analysis

Electricity Costs Could Fall Below $100/MWh For Large-Scale Reactors And SMRs If Fleets Evolve, Says NEA

By Nigel Davies
18 September 2026

Nuclear agency says target would depend on several factors being met

Electricity Costs Could Fall Below $100/MWh For Large-Scale Reactors And SMRs If Fleets Evolve, Says NEA
The nuclear industry needs standardised designs and repeat construction, the NEA said. Photo of Dukovany nuclear station in the Czech Republic courtesy ČEZ.
Electricity costs for both large-scale reactors and small modular reactors (SMRs) could fall below $100/MWh under an optimistic scenario where technologies become standardised and deployed at a fleet level, data from the Nuclear Energy Agency (NEA) shows.

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