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The Economic Case for Nuclear Energy can be Compelling If Nuclear included in Energy Mix on Economic Ground Alone OECA/NEA Director General, Mr. Luis Echavarri, Emphasized | |||
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Name
admin |
Date
2005.03.16 |
Views
3436 |
Mr Echavarri's comments came during the panel debate "Nuclear: A persuasive economic option", organized as part of the European Nuclear Assembly. The NEA Director General went on to cite how lower investment and fuel cycle costs had improved the projected profitability of new nuclear power plants. At the same time, gas prices were projected to rise and other technologies face the likely internalization of their external consists in the price, he said. The external costs of energy are costs that are imposed on society and the environment, but which are not included in the cost to producers and consumers. For conventional technologies these typically include waste disposal costs and environmental impact.
The NEA has extensively studied the economics of nuclear energy. These studies have covered its capital, investment, operation, maintenance and total costs as well as its competitiveness in liberalized energy markets. The NEAA will publish in March 2005 a major new joint study with the International Energy Agency (IEA) on the economics of electricity, including nuclear.
For further information, Karen Daifuku at daifuku@nea.fr
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