This open access book discusses the eroding economics of nuclear power for electricity generation as well as technical, legal, and political acceptance issues. The use of nuclear power for electricity generation is still a heavily disputed issue. Aside from technical risks, safety issues, and the unsolved problem of nuclear waste disposal, the economic performance is currently a major barrier. In recent years, the costs have skyrocketed especially in the European countries and North America. At the same time, the costs of alternatives such as photovoltaics and wind power have significantly decreased.

This book presents the factual, precise, complete and accessible economic elements of nuclear energy in order to contribute to an informed and dispassionate debate. It analyzes the economic aspects of spent fuel management, including the costs and financing of long-term storage and deep geological disposal. The economic costs of a nuclear accident are also discussed from both theoretical and applied angles, based on the Fukushima nuclear disaster. Nuclear Economy 2 also examines the industrial and political aspects of the future energy mix. Nuclear energy is thus placed in the more global context of the European electricity market. Finally, this book offers a panorama of energy scenarios on the scale of France, but also of the world.

This book offers a comprehensive assessment of the dynamics driving, and constraining, nuclear power development in Asia, Europe and North America, providing detailed comparative analysis. The book formulates a theory of nuclear socio-political economy which highlights six factors necessary for embarking on nuclear power programs: (1) national security and secrecy, (2) technocratic ideology, (3) economic interventionism, (4) a centrally coordinated energy stakeholder network, (5) subordination of opposition to political authority, and (6) social peripheralization. The book validates this theory by confirming the presence of these six drivers during the initial nuclear power developmental periods in eight countries: the United States, France, Japan, Russia (the former Soviet Union), South Korea, Canada, China, and India. The authors then apply this framework as a predictive tool to evaluate contemporary nuclear power trends. They discuss what this theory means for developed and developing countries which exhibit the potential for nuclear development on a major scale, and examine how the new "renaissance" of nuclear power may affect the promotion of renewable energy, global energy security, and development policy as a whole. The volume also assesses the influence of climate change and the recent nuclear accident in Fukushima, Japan, on the nuclear power industry’s trajectory. This book will be of interest to students of energy policy and security, nuclear proliferation, international security, global governance and IR in general.

This book is a collection of essays focused on the Gordian knot of our time, the closely coupled problems of energy poverty for billions of humans, and global warming for all humans. The central thesis of the book in that nuclear power is not only the only solution, it is a highly desirable solution, cheaper, safer, less intrusive on nature than all the alternatives.

An informed look at the myths and fears surrounding nuclear energy, and a practical, politically realistic solution to global warming and our energy needs. Faced by the world's oil shortages and curious about alternative energy sources, Gwyneth Cravens skeptically sets out to find the truth about nuclear energy. Her conclusion: it is a totally viable and practical solution to global warming. In the end, we see that if we are to care for subsequent generations, embracing nuclear energy is an ethical imperative.

This book is a unique introduction to the economic costs of nuclear power. It examines the future of the nuclear power industry and unpacks the complicated relationships between its technical, economic and political variables. It does so by modelling the costs, risks and uncertainties of one of the world’s most opaque industries using micro-econometrics, econometrics, and cost engineering. Economics of Nuclear Power examines the very important costs of externalities (storing of nuclear waste and the impact of a Chernobyl or Fukushima event) and compares those to the externalities of alternative carbon based energies (oil, coal, natural gas). With over 100 tables and figures this book details nuclear power production around the world - present and planned, providing a completely global focus. It also includes an overview of the past 70 years of international nuclear power developments. This book is essential reading for students, scholars and professionals interested in energy economics, nuclear engineering and energy policy.

This second edition represents an extensive revision of the ?rst edition, - though the motivation for the book and the intended audiences, as described inthepreviouspreface,remainthesame. Theoveralllengthhasbeenincreased substantially, with revised or expanded discussions of a number of topics, - cluding Yucca Mountain repository plans, new reactor designs, health e?ects of radiation, costs of electricity, and dangers from terrorism and weapons p- liferation. The overall status of nuclear power has changed rather little over the past eight years. Nuclear reactor construction remains at a very low ebb in much of the world, with the exception of Asia, while nuclear power’s share of the electricity supply continues to be about 75% in France and 20% in the United States. However,therearesignsofaheightenedinterestinconsideringpossible nuclear growth. In the late 1990s, the U. S. Department of Energy began new programs to stimulate research and planning for future reactors, and many candidate designs are now contending—at least on paper—to be the next generation leaders. Outside the United States, the commercial development ofthePebbleBedModularReactorisbeingpursuedinSouthAfrica,aFrench- German consortium has won an order from Finlandfor the long-plannedEPR (European Pressurized Water Reactor), and new reactors have been built or planned in Asia. In an unanticipated positive development for nuclear energy, the capacity factor of U. S. reactors has increased dramatically in recent years, and most operating reactors now appear headed for 20-year license renewals.