Nuclear power not cheap, being phased out: expert

Taipei Times
Date: May 24, 2015
By: Sean Lin  /  Staff reporter

Former US Nuclear Regulatory Commission chairman Gregory Jaczko yesterday said that nuclear energy is playing an increasingly insignificant role in electricity generation worldwide, and that, contrary to popular belief, it is actually more expensive than a range of methods of energy generation.

At a news conference in Taipei, Jaczko said that the future for nuclear power generation in the US and worldwide is one of “decreasing use and eventual phase-out.”

Referencing data generated by the US commission, Jaczko said that even if all US nuclear power plants were able to renew their operational licenses, the use of the energy source in the nation would come to an end by about 2055.

Diminishing use of nuclear power is a global trend, with just about 70 reactors under construction worldwide — a small fraction of operational reactors worldwide, he said, adding that the majority being built are in China.     [FULL  STORY]

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