Is nuclear fission cheap or expensive?

Answer 1

pancake pancake pack's and animal duckier Hector pew

Answer 2

That's not easy to calculate. The price of electricity generated by nuclear energy costs exactly as much as from any other source because distributors don't charge customers as a function of the source of the energy, just what the going rate is. How much you pay for electricity depends a lot on where you live and can vary significantly. I believe my electricity bill is somewhere in the neighborhood of 10-12 cents a kilowatt-hour. The main cost in producing nuclear power comes from building the power plant in the first place. Building a plant is a multi-billion dollar undertaking. Once built, running and maintaining the plant, and the cost of uranium fuel is the other main cost. That said, there are other "costs" to using nuclear energy that aren't easy to calculate. For instance, there is the problem of nuclear waste storage. Nobody has a 100% reliable way to deal with this problem, and even if there was a method, nobody has actually paid one dollar for that cost yet. And that cost will have to be paid eventually. The waste is building up and building up in temporary storage units, and it can't stay there forever. There are other costs, or more exactly risks, such as the dangers of accidents (not very likely in fact), and the danger of dangerous nuclear materials getting into the hands of our enemies. These don't have any cost, unless they actually happen, in which case the cost could be extremely high.

Another cost that has to be faced after the end of the plant's life is dismantling the plant as far as possible and then making safe the remaining parts, chiefly the reactor vessel and its core components, which will always be unsafe to work on.

On the other hand, these costs are balanced by the cost of continuing to produce our electricity by burning coal, which emits massive amounts of carbon dioxide, a greenhouse gas. If the worst fears about global warming come true, the cost of NOT using nuclear energy as a carbon-free source of energy could huge! But nobody can tell for sure. See link below for a review of plant costs for projected new plants

Answer 3

No, it is similar to the costs of fossil fuels and can be cheaper-depends how far you have to transport the fossil fuel or whether you have it nearby. For example in say Saudi Arabia it is going to be much cheaper to use oil, but in Europe nuclear has a price advantage, because most oil and gas has to be imported.

Answer 4

The fuel costs are lower than for fossil fuels, but the plants are more expensive to build, largely because the quality of engineering has to be extremely high for safety reasons. So the overall costs over the plant lifetime are usually less, provided the plant is reliable and can operate at full power for most of its life.

Answer 5

actually, nuclear power stations are not so expensive as the experiments cost to be conducted there. the conduction of nuclear power not only include huge investments but also huge energy supply and modern technologies usage.therefore, the entire setup of popwer stations is an expensive output and India not being so rich to use limited money on such expensive projects hardly goes for these.

Answer 6

Electricity from existing nuclear power plants in the United States is said to be inexpensive. Estimates from the nuclear industry about electricity from future plants are rather low. Estimates from established experts outside the industry make the cost from future plants as high as two to three times what most people pay for electricity now.

It is hard to tell what the facts are on this because some of the costs of using nuclear power are guaranteed by the government, which means that the actual costs are not being paid, and are to a large extent unknown. These include the costs of dealing with high level waste, insurance against major disaster, and guarantees for loans. According to the nuclear industry, these are not subsidies.

Answer 7

Nuclear power plants are expensive because they require special construction. They must be heavily shielded, plus the require constant monitoring to insure that they remain cool enough.

Answer 8

yes