Does Chernobyl still matter? Since it first announced electricity “too cheap to meter,” in the 1950s, the nuclear industry has promised bountiful futures powered by a peaceful—and safe—atom. Design principles, the industry claims, limit the chances of core damage to one incident every 50,000 reactor-years of operation. History, however, has delivered a different verdict: together, Three Mile Island, Chernobyl, and the three Fukushima reactors represent five meltdowns in only 100 reactor-years. What lessons do these accidents hold for the future of nuclear power? Each meltdown has impelled design, operational, and regulatory changes, increasing the cost of nuclear power. Today, says the industry, the technology is safer and more vital than ever. No other source of electricity can offer so much baseload power with so few carbon emissions. But who can make money when a single US Nuclear Regulatory Commission (NRC) inspection costs $360,000?
Public Book 22nd Nov 2019 read more »