Nuclear Economics

Posted Sat, 26/03/2011 - 8:19pm by admin

The nuclear industry claims that nuclear power is cheap, or at least makes economic sense. This claim doesn't hold up to the facts, though. This page provides some more information on the economics of nuclear power.

Nuclear New Build and Hinkley – Important update from South-West Against Nuclear (SWAN) and Stop Nuclear Power Network (SNPN)

Posted Wed, 31/08/2011 - 1:03pm by DanV

Things are hotting up with the government and nuclear industry’s plans for nu-killer new build in Britain. If we want to put the brakes on their insane plans to build a fleet of new potential Fukushimas at up to eight sites around England and Wales, we need to get active TODAY!

BETTER ACTIVE TODAY THAN RADIOACTIVE TOMORROW!

Here are a few ideas for getting involved. We’re sure you’ll have more of your own: feel free to share and discuss!

Get informed

You’ll find a brief summary of where things are at with nuclear new build in Britain after the action suggestions below.

Cost of Nuclear Power: Why nuclear will cost more than the alternatives

Posted Mon, 28/02/2011 - 12:00am by admin

No 2 Nuclear Power briefing, February 2011

The cost of building new nuclear power stations continues to escalate. When the Government re-visited the cost of new reactors in 2008 it estimated capital costs to be around $2,000/kW. EDF Energy now estimates the cost of its proposed Hinkley C reactors at $4,260. Estimates from other parts of the world suggest that between $6,000/kW and $10,000/kW might be more realistic. This briefing examines the cost of nuclear power and compares it with the alternatives.

Nuclear Power and Jobs

Posted Mon, 28/02/2011 - 12:00am by admin

No 2 Nuclear Power briefing, February 2011

Nuclear Power makes no economic sense

Posted Wed, 31/03/2010 - 11:00pm by admin

The steep global decline in reactor orders since 1986 has been a caused by poor economics as well as Chernobyl. No UK reactor was completed on time and budget. India’s most recent 10 reactors have averaged 300% over budget. The Finnish reactor – the first in Western Europe since Chernobyl – is three years late and 75% over budget.

The World Nuclear Industry Status Report 2009

Posted Sat, 01/08/2009 - 11:00pm by admin

With Particular Emphasis on Economic Issues

The World Nuclear Industry Status Report 2009 provides the reader with the basic quantitative and qualitative facts on the nuclear power plants in operation, under construction and in planning phases throughout the world. A detailed overview assesses the economic performance of past and current nuclear projects.

Commissioned by German Federal Ministry of Environment, Nature Conservation and Reactor Safety
(Contract n° UM0901290)

Voodoo economics and the doomed nuclear renaissance

Posted Wed, 30/04/2008 - 11:00pm by admin

The economics of new nuclear power stations for the UK do not add up. It is not possible to achieve what the Government says it will do – build a new generation of nuclear stations in England without public subsidy.

Broken Promises

Posted Fri, 29/06/2007 - 11:00pm by admin

Broken Promises by Chris Grimshaw & Olaf Bayer, Corporate Watch Report 2007

Throughout its fifty year history, Britain's nuclear industry has consistently failed to deliver on its promises. Now, only a few years after the financial collapse of British Energy, we are being asked once again to believe that a new generation of nuclear power stations can produce electricity safely and without government subsidy. And once again, there is good reason to believe that the industry's predictions are as spurious as in previous decades.