Nuclear Power It s Back
Below is a MRR and PLR article in category Reference Education -> subcategory Environmental.
Nuclear Power: Is It Making a Comeback?
Summary:
A recent report from The Guardian highlights a strong push by European Union leaders, including Tony Blair, for a resurgence of nuclear power. This is seen as a solution to Europe's increasing dependence on foreign energy sources and a method to address climate change challenges.Article:
Currently, nuclear power plants supply about 17% of the world's electricity. However, how much do they contribute to current and future environmental issues? Nuclear energy has its advocates and detractors, but is the debate ultimately about costs? According to the World Nuclear Association's December 2005 report, "The New Economics of Nuclear Power," nuclear energy is cost-competitive with other electricity sources, except where cheap fossil fuels are readily available. With rising prices from gas and electricity suppliers in the UK, the demand for affordable energy is undeniable. The recent cessation of gas supplies to Ukraine by Russia raises concerns about the UK's energy security. Shouldn't we aim for energy self-sufficiency? Can renewable sources play a bigger role?The report notes that fuel costs for nuclear plants are a small portion of total generation expenses, although capital costs are higher than for coal-fired facilities. At the NIA 2006 launch of the Commission’s position paper, it was confirmed that nuclear is a low-carbon technology with a strong safety record in the UK. It could produce substantial electricity, help stabilize CO2 emissions, and diversify the UK’s energy sources. Despite the UK's impressive safety record, Chernobyl demonstrated that a nuclear mishap thousands of miles away can impact the UK for decades. Additionally, the tsunami in Asia caused problems for nuclear plants near the sea, highlighting the risks associated with their dependence on large amounts of water for cooling reactors.
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