We start with the following chart of fuel cost for electricity from the National Energy Institute (NEI). Contrary to nuclear naysayers, nuclear power has a fuel cost lower than coal, oil, or natural gas.
This chart tells us more than uranium fuel is cheap. It shows how wildly the price of gas and oil has varied since 2001. Both fuels are traded on the commodities market and are subject to the economic pressures of market trading as well as the normal pressures of supply and demand. On the other hand, coal and uranium are mined and sold to the energy companies without trader intermediaries. At the moment natural gas prices are exceptionally low but if we replace a large number of coal and nuclear plants with natural gas, you can be sure that the price will go up, probably to the prices of 2009 or even higher.
Our section on Education focus on the details of Nuclear Power.
We recently came across an excellent, informative, website What Is Nuclear and their page on Nuclear Energy. The product of three nuclear engineers, this site is an excellent source of technically accurate data on nuclear energy.
We discuss specific nuclear plant designs in their respective pages; Nuclear Power Reactors, GE Prism, and Small Modular Reactors.
Hello there! This post couldn’t be written much better!
Looking through this article reminds me of my previous roommate!
He always kept talking about this. I’ll forward this article to him.
Pretty sure he will have a very good read. Thank you for sharing!