Nuclear power

“Contrary to widespread belief, nuclear power is no longer a cheap energy source. In fact, when the still unknown costs of radioactive waste and spent-fuel management, decommissioning and perpetual care are finally included in the base rate, nuclear power may prove to be much more expensive than conventional energy sources such as coal, and may not be economically competitive with safe, renewable resources, energy alternatives such as solar power. Nuclear power is the only energy technology which has a major capitalisation cost at the outset of the fuel cycle and at the end of the fuel cycle”

-Report of the Task Force on Nuclear Waste Management, US Department of Energy. 30th April 1978.

 

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