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The Pros And Cons Of Nuclear Power

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Nuclear power is the use of sustained nuclear fission, splitting atoms in two, which releases energy in the process to generate heat and electricity. Heat created by fission drives the turbines that generate electricity. When nuclear power was first created it was predicted that it would be very successful. It was also predicted that nuclear power would be “too cheap to meter,” that is electricity would be very cheap so either consumers would not be charged for electricity at all or the prices would be very low (Cohn, 1997). Although nuclear power is still in use today the initial success of nuclear industry eventually declined. Nuclear industry and its supporters claim that nuclear power is environmentally friendly, inexpensive, and safe, …show more content…

Although it was predicted that one day nuclear power would make electricity “too cheap to meter”, instead now it is “too expensive too finance” (“Cheap Dreams, Expensive Realities,” n.d., para.2). Although nuclear industry says that nuclear power is the cheapest compared to other methods of power, costs of nuclear power have been underestimated by almost a factor of three (Caldicott, 2006 p. 19). This is because a lot of costs related to nuclear power have not been accurately reflected in the figures shown to public, such as cost for the total nuclear fuel cycle, construction and running costs. Waste disposal and decommissioning are other expenses related to nuclear power that are ignored when figuring out the estimated cost of nuclear power (Karson, p. 26). Many groups argue that the cost of nuclear generation is at least three times the figure provided by the British Nuclear Fuels (McLeish, p. 36). Another reason, nuclear power costs are underestimated is due costs of new technology needed for the power plant are not taken in to account. Delay in construction is also an unnoticed expense (McLesih, 9. 37). It is unlikely to take the full cost of nuclear power into account. It is hard to claim that nuclear power is the more competitive price energy source compared to other energy sources because of its many hidden

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