When you look at lifetime costs, including waste disposal at the end, the levelized cost of nuclear with updated cost and fuel numbers is about ten cents per kilowatt compared to five cents for natural gas. That’s a big gap.
As a Professor at the Haas School of Business, Lucas Davis' research focuses primarily on energy and environmental markets, and in particular, on electricity and natural gas regulation, pricing in competitive and non-competitive markets, and the economic and business impacts of environmental policy. Prior to joining Haas in 2009, he was an Assistant Professor of Economics at the University of Michigan. His work appears in leading academic journals including the American Economic Review, the RAND Journal of Economics, and the Journal of Political Economy.
He received a B.A. from Amherst College in 1996 and a Ph.D. in Economics from the University of Wisconsin in 2005.