Nuclear power is “ridiculously expensive” compared with solar power and cannot compete from a financial standpoint, said the former head of the International Energy Agency. During a lecture at a symposium in Tokyo on July 23, Nobuo Tanaka, former IEA executive director, said nuclear power is utterly “uncompetitive” with solar power generation in terms of costs for building or expanding nuclear plants. The former IEA official also mentioned the next-generation reactor, saying Japan should strive for regaining public trust by jointly developing the economically efficient reactor with other countries such as the United States. One such next-generation type is the high-temperature gas reactor, which is safer and more economically efficient than the light-water reactor currently in use because it uses helium gas as the coolant instead of water, and other types of reactors.
Asahi Shimbun 24th July 2018 read more »