Nuclear power could be less expensive and safer
By Hicbd
Sun Jan 9 2022 9:02 am
"The proximal cause of nuclear‘s flop is that it is expensive. In most places, it can‘t compete with fossil fuels. Natural gas can provide electricity at 7–8 cents/kWh; coal at 5 c/kWh. Why is nuclear expensive? I‘m a little fuzzy on the economic model, but the answer seems to be that it‘s in design and construction costs for the plants themselves...The book argues that this is wrong: nuclear can be made safe and cheap. It should be 3 c/kWh—cheaper than coal."
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