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Conclusion

Published online by Cambridge University Press:  05 January 2015

François Lévêque
Affiliation:
Ecole des mines de Paris
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Summary

Let us summarize the main points in this book.

With respect to costs, we have seen why the idea of a single, universally valid cost for nuclear power is misleading. Not because figures can be manipulated or assessments influenced by specific interests, but because there is no such thing as the true cost. Nuclear costs depend on the options available to economic decision-makers, public or private, and on a range of factors subject to considerable future uncertainty. So it does not cost the same amount to build a new plant in Finland, China or the United States.

The curse of rising costs has dogged nuclear technology from the outset, particularly in the US. Far from falling as more plants have been built, costs have soared, making new nuclear even more expensive. If there is no change in the immediate future, particularly if the price of carbon stays low, the competitiveness of nuclear power compared with other electricity-generating technologies will vanish. The outcome of any decision by a generating company to invest in the construction of a new nuclear power plant, or by a government advocating such a project, remains uncertain.

Regarding risk, we have noted and explained the divergence between expert calculations of the probability of a nuclear accident and the public perception of such a disaster.

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Publisher: Cambridge University Press
Print publication year: 2014

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  • Conclusion
  • François Lévêque
  • Book: The Economics and Uncertainties of Nuclear Power
  • Online publication: 05 January 2015
  • Chapter DOI: https://doi.org/10.1017/CBO9781316095782.019
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  • Conclusion
  • François Lévêque
  • Book: The Economics and Uncertainties of Nuclear Power
  • Online publication: 05 January 2015
  • Chapter DOI: https://doi.org/10.1017/CBO9781316095782.019
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • François Lévêque
  • Book: The Economics and Uncertainties of Nuclear Power
  • Online publication: 05 January 2015
  • Chapter DOI: https://doi.org/10.1017/CBO9781316095782.019
Available formats
×