Ballooning costs give lie to notion nuclear power is cheapest energy. Soaring costs borne by operators of nuclear power plants to safeguard their facilities against natural disasters and terrorist attacks suggest the government is wrong in its longstanding contention that nuclear power is the nation’s cheapest energy source. A study by The Asahi Shimbun found that the overall estimate for the cost of safety measures by 11 operators stood at 5.074 trillion yen ($48.32 billion) as of July. The operators include those whose nuclear facilities are still under construction. The combined figure for the 11 companies represents an increase of about 660 billion yen from a year earlier. The Asahi Shimbun has tallied total estimated safety costs by nuclear plant operators since 2013. As of January 2013, the combined total was 998.2 billion yen.
Asahi Shimbun 12th Aug 2019 read more »