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Do we need nuclear power for sustainable energy production?
Nuclear power is the most economical choice.
Nuclear power is the lowest-cost form of power per kwh as it is only
Nuclear power plants can also very efficiently generate hydrogen, a carbon-free fuel usable in electric fuel cells and internal combustion engines.
Nuclear power plants can be built fast.
Nuclear power is getting more expensive due to increased safety requirements when renewable sources are scaling, improving and seeing costs significantly come done, even offshore wind.
The levelized cost of energy of Nuclear power is over three times that of some renewable sources (onshore wind and solar).
A new nuclear plant in the U.S. costs about
to build. This is more than 1,000 times as much as a new fracking well, and more than 3 times as much as the world’s biggest and most expensive solar plant.
When waste management is included, nuclear power does not seem very cost effective compared to wind and PV.
There are other more economic options.
it's only the second most economic choice (behind large scale water power), but costs about ⅔ of the next cheapest option.