2023 article
Should we invest in nuclear?
Fell, H. (2023, August 16). JOULE, Vol. 7, pp. 1679–1681.
In this issue of Joule, Haywood, Leroutier, and Pietzcker outline reasons why investing in nuclear is counterproductive for meeting decarbonization goals. I review these arguments against nuclear and provide some possible explanations as to why we do, and should, see a relatively small amount of investment in new nuclear generation. In this issue of Joule, Haywood, Leroutier, and Pietzcker outline reasons why investing in nuclear is counterproductive for meeting decarbonization goals. I review these arguments against nuclear and provide some possible explanations as to why we do, and should, see a relatively small amount of investment in new nuclear generation. Why investing in new nuclear plants is bad for the climateHaywood et al.JouleJuly 21, 2023In BriefInvestments in new nuclear power plants are bad for the climate due to high costs and long construction times. Given the urgency of climate change mitigation, which requires reducing emissions from the EU electricity grid to almost zero in the 2030s, preference should be given to the cheapest technology that can be deployed fastest. On both costs and speed, renewable energy sources beat nuclear. Every euro invested in new nuclear plants delays decarbonization compared to investments in renewable power. Full-Text PDF