Chapter

The cost of nuclear power

in Nuclear Power

Published in print May 2011 | ISBN: 9780199584970
Published online September 2013 | e-ISBN: 9780191777875 | DOI: http://dx.doi.org/10.1093/actrade/9780199584970.003.0006

Series: Very Short Introductions

The cost of nuclear power

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  • Nuclear Issues (Environmental Science)

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‘The cost of nuclear power’ explains the difficulties of costing nuclear power. Construction, decommissioning, and waste disposal all have to be factored in. The cost of licensing new designs is high, but in France this has fallen since the Regulatory Commission agreed a standard design for all plants. Decommissioning costs can be estimated at the construction phase but may not accurately reflect the actual cost forty or fifty years later. In some countries, such as France, Sweden, and Finland, a fund for decommissioning costs is created from operating income. High capital start-up costs and a slow rate of return affect willingness to invest in new nuclear plants.

Keywords: cost; economics; electricity; engineering; International Atomic Energy Agency; plant; power; waste disposal

Chapter.  2601 words. 

Subjects: Nuclear Power and Engineering ; Nuclear Issues (Environmental Science)

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