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I would guess it is the capital cost of building a new plant. Cost overruns often happen, sometimes because of licensing requirements. In the present climate with having to raise large capital sums, this could be a worry for electric supply companies, though as interest rates are low this may make it easier.

There is also a concern over the costs of disposing of spent nuclear fuel, which has been stored on sites so far, in the US. Eventually some long term disposal must be organised-who is going to pay for this?

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15y ago
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12y ago

The financial problems associated with nuclear power are mostly related to the fact that we do not know a lot about the actually reaction of the process on a large skill. trying this means spending a lot of money on the building of a facility that is able to withstand the temperatures that come together with the environment in which the actual fusion takes place and the enlarged "Tokamak".

Basically all the required equipment and material costs a lot and if it turns out that there is some kind of problem which the scientists did not theorise or does not work somehow then they blew a lot of money.

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Q: What is one economic concern regarding nuclear power?
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What is one of the biggest concerns about nuclear power?

The radioactivity of the spent fuel, and the possibility of release to the surroundingsThe biggest concern about nuclear power is the possible meltdown of the reactor causing a massive release of radiation material into the atmosphere.


Three concerns about nuclear energy?

Concern 1. Nuclear meltdown. If correct maintenance is not observed, the core may overheat and eventually melt. This will cause the escape of radiation. Concern 2. Disposal of contaminated equipment and fuel rods. These are very hazardous and environmentally unsound. Concern 3. The waste products from a nuclear power plant can be used to create weapons of mass destruction, and therefore must be disposed of properly.


Which countries operate commercial nuclear reactors?

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


Do microwaves have any nuclear power?

There is no nuclear power involved in a microwave unless the electricity used to power it is from a nuclear power plant.


What do nuclear power plants have to do with nuclear energy?

Nuclear power plants produce electricity by using nuclear energy

Related questions

What has the author Colin Sweet written?

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'


What has the author Benjamin K Sovacool written?

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


Is one of the biggest concerns about nuclear power?

The radioactivity of the spent fuel, and the possibility of release to the surroundingsThe biggest concern about nuclear power is the possible meltdown of the reactor causing a massive release of radiation material into the atmosphere.


What is one of the biggest concerns about nuclear power?

The radioactivity of the spent fuel, and the possibility of release to the surroundingsThe biggest concern about nuclear power is the possible meltdown of the reactor causing a massive release of radiation material into the atmosphere.


Why nuclear power plants are used as base load plants?

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)


What has the author G Woite written?

G. Woite has written: 'Economic evaluation of bids for nuclear power plants' -- subject(s): Estimates, Letting of contracts, Nuclear power plants, Specifications


What was the effect of World War 2 on US economic and military power and responsibilities?

The US became an industrial giant equipped with nuclear power.


Three concerns about nuclear energy?

Concern 1. Nuclear meltdown. If correct maintenance is not observed, the core may overheat and eventually melt. This will cause the escape of radiation. Concern 2. Disposal of contaminated equipment and fuel rods. These are very hazardous and environmentally unsound. Concern 3. The waste products from a nuclear power plant can be used to create weapons of mass destruction, and therefore must be disposed of properly.


Which countries operate commercial nuclear reactors?

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


What method was most used by the majority of progressives to solve the problem of economic power and its abuses?

The most used method was the regulation of big businesses. This was because there was a large concern that too much of the economic power resided in the hands of the financial elite.


What are examples of nuclear power?

nuclear power


How are nuclear power plants?

by nuclear power ¬.¬