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?
The primary concern associated with the use of nuclear power is the risk of nuclear accidents, such as those seen at Chernobyl and Fukushima, which can have serious consequences for human health and the environment. Additionally, the long-term storage of radioactive waste produced by nuclear power plants poses challenges in terms of safety and disposal.
The Three Mile Island nuclear accident in 1979, where a partial meltdown occurred at a nuclear power plant in Pennsylvania, sparked concern among Americans about the safety of nuclear power. The incident led to increased scrutiny of nuclear plants and raised questions about the potential risks associated with nuclear energy.
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.
Utility decisions regarding which technological option to select when creating additional electricity generating capacity are chiefly based on an evaluation of the comparative costs of the options available. However most of the time these costs do not fully reflect the broader impacts ("externalities") of this energy choice on the economy and society at large. To formulate their future energy and resource development policies governments therefore have to take them into account whether of an economic environmental health or social nature which may support or discourage the adoption of a particular technology.
Some of the biggest concerns about nuclear energy include the risk of accidents leading to radiation leaks, the long-term storage of nuclear waste, and the potential for nuclear proliferation and weapons development. Additionally, the high costs of building and maintaining nuclear power plants can be a significant concern.
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'
The primary concern associated with the use of nuclear power is the risk of nuclear accidents, such as those seen at Chernobyl and Fukushima, which can have serious consequences for human health and the environment. Additionally, the long-term storage of radioactive waste produced by nuclear power plants poses challenges in terms of safety and disposal.
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.
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 Three Mile Island nuclear accident in 1979, where a partial meltdown occurred at a nuclear power plant in Pennsylvania, sparked concern among Americans about the safety of nuclear power. The incident led to increased scrutiny of nuclear plants and raised questions about the potential risks associated with nuclear energy.
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.
Utility decisions regarding which technological option to select when creating additional electricity generating capacity are chiefly based on an evaluation of the comparative costs of the options available. However most of the time these costs do not fully reflect the broader impacts ("externalities") of this energy choice on the economy and society at large. To formulate their future energy and resource development policies governments therefore have to take them into account whether of an economic environmental health or social nature which may support or discourage the adoption of a particular technology.
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.
Some of the biggest concerns about nuclear energy include the risk of accidents leading to radiation leaks, the long-term storage of nuclear waste, and the potential for nuclear proliferation and weapons development. Additionally, the high costs of building and maintaining nuclear power plants can be a significant concern.