Well it is in common use, amounting to nearly 20% in the US. These are old plants though, the costs under present day economic conditions may prevent more plants being built.
I refer you to an article linked below.
It is not true. The levelized cost of a kilowatt hour electricity from nuclear energy is cheaper than any other source of electricity except hydraulic power in some countries.
nuclear energy is fairly cheap for many reasons. Mainly, the life time of a nuclear power plants is 60 years and that the nuclear fuel contribution to the cost of generated kilowatt.hour is very low.
Nuclear Energy was at Low and affordable cost, compared to other sources of energy, particularly if the need for nuclear warheads was one of its end-products. Now, if we add mining pollution, CO2 emissions, stringent safety measures, possible catastrophe compensations, decommissioning cost, environmental degradation, radioactivity dissipation impact on people in the vicinity of nuclear installation, nuclear fuel reprocessing and disposal, transportation safety, handling hazards, technical monopoly of the nuclear industry and unsustainability of Uranium deposits due to its limited resources of high U235 content, we can say that the most expensive and risky investment is in nuclear energy, particularly after the privatization of many large energy companies and also after Fukushima Disaster on March 11th 2011 (see more at face book: Nuclear Free Jordan)> If you visit the site below, you can see MIT estimate of cost, where nuclear energy is the most expensive. Latest German research ( The German Renewable Energy Federation-BEE) has proved further that if all factors are considered the actual cost of nuclear energy can reach Euro 2.36 per KW.hour.
See the attached link below for a survey of the economics of nuclear power
No
£100,000.00
The high upfront cost of installing a geothermal energy system, including drilling and equipment expenses, is a major barrier for widespread adoption in common use. While geothermal energy offers long-term cost savings through low operational and maintenance costs, the initial investment can be prohibitive for many households and businesses. Additionally, the availability of suitable geothermal resources varies geographically, further limiting its common use.
Yes much less
Not necessary & the cost will be prohibitive.
Fear and capital cost.
Cost prohibitive
It does not pollute and is a very cost-effective energy source.
I refer you to an article linked below.
Nuclear energy can provide cost savings by producing lower-cost electricity compared to other energy sources. This can lead to lower electricity bills for consumers. Additionally, nuclear energy can help reduce reliance on volatile fossil fuel prices, which can also contribute to cost savings for consumers.
Cost prohibitive
It is not true. The levelized cost of a kilowatt hour electricity from nuclear energy is cheaper than any other source of electricity except hydraulic power in some countries.