3 ms·
> Huge scale and persistence of accidents. This also affects the cost equation. One Chernobyl or Fukushima and nuclear is suddenly by far the most expensive so
by api 8y ago
> Huge scale and persistence of accidents.
This also affects the cost equation. One Chernobyl or Fukushima and nuclear is suddenly by far the most expensive source of energy, even more costly than the most expensive renewable sources.
Pre-Fukushima nuclear power in Japan was economical. Post-Fukushima Japan would have been better off building hundreds of billions of dollars worth of solar, wind, pumped hydro, and batteries, and building undersea cables to link its grid with neighboring countries. All that would have cost a lot more up front but amortized over 100 years including Fukushima it would have been a lot cheaper.
- nickik 8y agoIt would still be economical post, its only regulation that prevents that. Nuclear was the right answer before and it still is for Japan. Its by far the best option for them in the short run and in the long run. One time cost are one time cost and changing everything because of one incredibly unlikely event is nonsensical.