Nuclear energy is clean, reliable and affordable. The economics of nuclear energy generation depend on its capacity to produce enormous and uninterrupted amounts of electricity over long periods, with affordable and stable electricity costs. Nuclear generating plants can operate for 60 years or more.
What are the pros and cons of nuclear energy?
Pros of Nuclear Energy
- Low Pollution: Nuclear power also has a lot fewer greenhouse emissions.
- Low Operating Costs: Nuclear power produces very inexpensive electricity.
- Reliability: It is estimated that with the current rate of consumption of uranium, we have enough uranium for another 70-80 years.
Is nuclear energy more cost effective?
Nuclear power plants are expensive to build but relatively cheap to run. In many places, nuclear energy is competitive with fossil fuels as a means of electricity generation. Waste disposal and decommissioning costs are usually fully included in the operating costs.