“First and perhaps foremost, although nuclear plants are cheap to operate once they are up and running, they are by far the most expensive to build.”
Because of anti-nuclear lawsuits and delay tactics combined with high interest rates in the early 1980s and bad regulation. There’s nothing inherently expensive about nuclear reactors per se. In fact, the actual material initial investment (as opposed to NRC fees) for an Economic Simplified Boiling Water Reactor (ESBWR) may turn out to be lower than a coal plant that meets emissions standards.
Filed under Anti-Nuclear Quote of the Day, Economics, Politics and Regulation, Their Actions
Posted on November 30, 2006 by Stewart Peterson |
