Two new studies together make an eloquent case against nuclear power: that its civilian uses are inseparable from nuclear warmaking, and that it is always uneconomic and has to be subsidised by taxpayers. The first report, by the Berlin-based German Institute for Economic Research (DIW), says that private economic interests have never played a role in nuclear power; instead the military have always been the driving force behind their construction. The report’s title sums up its contents: High-Priced and Dangerous: Nuclear Power is not an option for the Climate-Friendly Energy Mix. The researchers calculate, after analysis of the 674 nuclear power plants built since the 1950s, that on average they make a loss of €5 billion (US$5.6 bn) each, and that is without taking into account the cost of getting rid of their radioactive waste. The report does not simply investigate the past. It also looks ahead, reviewing the industry’s plans for a new generation of nuclear power stations, and particularly the small modular reactors (SMRs) in which the US, Canada, Russia, China and the UK are currently investing huge amounts of development money. The researchers conclude that they too are doomed to be an expensive failure. The second study, specifically into SMRs, is by the Nuclear Consulting Group (NCG), an international team of academics and other experts [the writer of this news report is a member]. It reaches the same conclusion: that they will be expensive for the taxpayer and never live up to expectations. The NCG, which works with Nuclear Free Local Authorities in the UK, says its opposition is based on close scrutiny of the industry. After examining all the designs of SMRs currently being developed globally, the NCG says: “It remains likely that no substantive deployment of the technology will be realised, with just a very few reactors built, at most.
Climate News Network 6th Aug 2019 read more »
A comprehensive study by leading German economic think tank Deutsches Institut für Wirtschaftsforschung (The Germany Institute for Economic Research), released last week, has concluded that nuclear energy is not only environmentally unsustainable, but it is also not commercially viable. The Institute’s analysis found that a 1,000MW nuclear power plant yields in an average economic loss of 4.8 billion euros, and in the best case scenario a loss of around 1.5 billion euros. It concludes that in instances where nuclear power plants were built using private investment, significant state subsidies were necessary to make the project commercially viable, with nuclear power stations being built and operated at a loss in almost every instance.
Bright Green 6th Aug 2019 read more »
Nuclear Power – No Solution to Climate Change. Friends of the Earth Australia Statement.
FoE Australia 6th Aug 2019 read more »