Nuclear power not cheap, being phased out: expert

[kristopher]

Nuclear power not cheap, being phased out: expert
By Sean Lin / Staff reporter

Former US Nuclear Regulatory Commission chairman Gregory Jaczko yesterday said that nuclear energy is playing an increasingly insignificant role in electricity generation worldwide, and that, contrary to popular belief, it is actually more expensive than a range of methods of energy generation.

At a news conference in Taipei, Jaczko said that the future for nuclear power generation in the US and worldwide is one of “decreasing use and eventual phase-out.”

Referencing data generated by the US commission, Jaczko said that even if all US nuclear power plants were able to renew their operational licenses, the use of the energy source in the nation would come to an end by about 2055.

Diminishing use of nuclear power is a global trend, with just about 70 reactors under construction worldwide — a small fraction of operational reactors worldwide, he said, adding that the majority being built are in China.
The number of new plants is...

http://www.taipeitimes.com/News/taiwan/archives/2015/05/24/2003619043

[niyad]

1. "too cheap to meter"--does anyone else here remember being told this

particular piece of bs?

[MH1]

2. Risk = Cost

And the risks with nuclear power are extremely expensive.

Some would try to keep the risk-costs off the books, then say nuclear is cheap. But that is not reality.