“In a common energy industry measure known as ‘levelized cost,’ nuclear’s minimum price is about$131 per megawatt-hour, which is at least twice the price of natural gas and coal, and four times the cost of utility-scale solar and onshore wind power installations.
And the high price of nuclear power doesn’t include its extraneous costs, such as the staggering price of disasters. Cleanup and other costs for the 2011 Fukushima disaster, caused by an earthquake and a tsunami off the Japanese coast, mayapproach a trillion dollars.”
[COMMENTARY]I’ve been reading and listening to a lot of analysts say that nuclear (fission) is going to be the answer to reaching net-zero by 2050. However, this analyst’s analysis makes a cogent and coherent case for avoiding relying on nuclear.
My principal concerns regarding renewables are that the surface areas required as well as the metals and materials needed will not be sufficiently available. What do you think?
Nuclear Power Still Doesn’t Make Much Sense, by Farhad Manjoo, September 16, 2022, The New York Times, USA.