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Nuclear power, at least in Europe, is only cheap as the nation states serve as insurers. The costs in the event of an accident are so high that noone wants to i

• draugadrotten 10y ago
  ...and how is this different from the costs of global warming and other features of fossil fuels? The costs are not visible to the user of the fuel but put on the nation states and future generations.
• ageofwant 10y ago
  And coal power is so cheap because everyone pays the price. Everyone everywhere. Coal electricity have enormous negative externalities: health, quality of live, the aggregated economic cost is enormous, and will increase exponentially. If coal electricity users actually paid the real cost it would dwarf nuclear cost.
• manarth 10y ago
  > Nuclear power is only cheap as the nation states serve as insurers EDF, who are preparing to construct Hinkley Point's planned nuclear power station, have been guaranteed a minimum strike price of £92.50/MWh. The mean wholesale price is currently around £46/MWh. Even disregarding the risk/cost of accident cleanup, nuclear power isn't necessarily cheap or unsubsidized.