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Is Nuclear Waste Safe? Expert Shares Facts for Investors

Nuclear energy is gaining traction, but concerns about radioactive waste are still prevalent. In a conversation with INN, Madison Hilly of the Green Nuclear Deal shed light on misconceptions.The energy crisis in Europe has brought new attention to the nuclear energy sector. One of the few sources of baseload energy, nuclear power has become an important component in achieving clean grid-scale energy.In fact, nuclear energy — which is generated using uranium — has the highest capacity factor in the US. According to the country's Office of Nuclear Energy, nuclear power plants are producing maximum power 92.5 percent of the time, significantly higher than other clean energy sources like wind (35.4 percent) and solar (24.9 percent). Nuclear also comes in much higher than polluting power...

Published on 1/31/2023 (17 hours ago) Nuclear

 

 

Energy Shift The Advantages of Nuclear Energy in the Clean Energy Shift

Nuclear in the Energy ShiftThe world’s population is projected to increase to 9.7 billion by 2050 and as the population grows, so will our energy needs.According to the International Atomic Energy Agency (IAEA), global energy consumption will rise 40% by 2050, and electricity consumption will more than double. Meeting the rising demand for energy while protecting the environment will require clean energy sources that are powerful and reliable—and nuclear fits the bill.The above infographic from Standard Uranium highlights the advantages of nuclear energy and its role in the clean energy transition.The Advantages of Nuclear EnergyFrom cleanliness and reliability to safety and efficiency, seven factors make nuclear power essential to a clean future.1. Carbon-free EnergyNuclear power plants...

Published on 1/20/2023 (11 days ago) Nuclear

 

Economics of Nuclear Power

For information on financing specifically, please see information page on Financing Nuclear Energy.Assessing the relative costs of new generating plants utilizing different technologies is a complex matter and the results depend crucially on location. Coal is, and will probably remain, economically attractive in countries such as China and Australia, as long as carbon emissions are cost-free or not fully costed. Gas is also competitive for base-load power in many places, particularly using combined-cycle plants.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. If the social,...

Published on 11/30/2022 (62 days ago) Nuclear