Estimates for new stations show nuclear generating costs to be similar to new fossil fuel plants, and cheaper then wind or solar. See the paper linked below for detailed analysis.
Colin Sweet has written: 'The price of nuclear power' -- subject(s): Costs, Environmental aspects of Nuclear power plants, Nuclear industry, Nuclear power plants 'Fourth Arab-Israeli war' 'Nuclear plot in Europe' 'World economic crisis' -- subject(s): Economic forecasting, Economic history, World politics 'The costs of nuclear power'
Benjamin K. Sovacool has written: 'The international politics of nuclear power' -- subject(s): International cooperation, Nuclear energy, Political aspects, Economic aspects, Nuclear power plants 'The international politics of nuclear power' -- subject(s): International cooperation, Nuclear energy, Political aspects, Economic aspects, Nuclear power plants 'Energy access, poverty, and development' -- subject(s): Small power production facilities, Government policy, Renewable energy sources, Rural development, Energy policy
Nuclear power plants are capital intensive power plants and hence it is more economic to operate them at high capacity factors (or as base load plants)
The short-term effects of nuclear power can include the generation of electricity with low carbon emissions, providing a reliable source of energy, and supporting economic growth in countries with nuclear power plants. However, there are concerns about the safety and environmental risks associated with nuclear power, such as accidents, waste disposal, and the potential for nuclear proliferation.
G. Woite has written: 'Economic evaluation of bids for nuclear power plants' -- subject(s): Estimates, Letting of contracts, Nuclear power plants, Specifications
The US became an industrial giant equipped with nuclear power.
See www.world-nuclear.org for country by country information:INFORMATION PAPERSNUCLEAR BASICSOutline History of Nuclear Energy The Nuclear Debate GlossaryFACTS AND FIGURESWorld Nuclear Power Reactors 2008-09 and Uranium Requirements Nuclear share figures, 1998-2008 - May 2009 Uranium production figures, 1998-2008 - June 2009COUNTRY AND REGIONAL BRIEFINGSUranium in Africa Nuclear Power in Argentina Nuclear Power in Armenia Australia's Uranium Nuclear Energy Prospects in Australia Nuclear Power in Belgium Nuclear Power in Brazil Nuclear Power in Bulgaria California's Electricity Nuclear Power in Canada Nuclear Power in Canada Appendix 1: Ontario Energy Policy Nuclear Power in Canada Appendix 2: Alberta Tar Sands Uranium in Canada Uranium in Canada Appendix 1: Brief History of Uranium Mining in Canada Uranium in Central Asia Nuclear Power in China Nuclear Power in China Appendix 1: Government Structure and Ownership China's Nuclear Fuel Cycle Nuclear Power in Czech Republic Nuclear Energy in Denmark Nuclear Power in Finland Nuclear Power in France Nuclear Power in Germany Nuclear Power in Hungary Nuclear Power in India Nuclear Energy in Iran Nuclear Power in Italy Nuclear Power in Japan Uranium and Nuclear Power in Kazakhstan Nuclear Power in Korea Nuclear Power in Lithuania Nuclear Power in Mexico Uranium in Namibia Nuclear Energy Prospects in New Zealand Nuclear Power in the Netherlands Uranium in Niger Nuclear Power in Pakistan Nuclear Power in Romania Nuclear Power in Russia Nuclear Power in Slovakia Nuclear Power in Slovenia Nuclear Power in South Africa Nuclear Power in Spain Nuclear Power in Sweden Nuclear Power in Sweden Appendix 1: Barsebäck Closure Nuclear Power in Switzerland Nuclear Power in Taiwan Nuclear Power in the United Kingdom Nuclear Power in Ukraine Nuclear Power in United Arab Emirates Nuclear Power in the USA Nuclear Power in the USA Appendix 1: US Operating Nuclear Reactors Nuclear Power in the USA Appendix 2 Power Plant Purchases: Nuclear Power in the USA Appendix 3: COL Applications US Nuclear Fuel Cycle US Nuclear Fuel Cycle Appendix 1: US Uranium Mining and Exploration US Nuclear Power Policy Emerging Nuclear Energy Countries
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Uranium can have economic effects as it is primarily used in the energy sector for nuclear power generation. Fluctuations in uranium prices can impact the cost of electricity production and the profitability of nuclear power plants. Additionally, uranium mining and processing contribute to employment and economic activity in regions with significant uranium reserves.
Nuclear power can help financially by providing a stable and relatively low-cost source of energy, which can reduce electricity prices over time. It also creates jobs in construction, operation, and maintenance, stimulating local economies. Additionally, nuclear plants have long operational lifespans, allowing for sustained economic contributions without the volatility associated with fossil fuel prices. By reducing reliance on imported energy sources, nuclear power can enhance energy security and economic resilience.