
MacroVoices #355 Mark Nelson: Understanding All Things Nuclear
Macro Voices
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The History of the Nuclear Power Industry
Nuclear power may be the cleanest and safest form of power generation, but it most definitely does not enjoy a favorable reputation with the general public. The claim that atomic energy would be much cheaper than burning fossil fuels like coal to make electricity "just plain didn't happen like they promised it would," says Mark O'Mara. In Germany, for example, their nuclear power costs about 20 euros per megawatt hour going forward, whereas their fossil fuels are costing between 100 and 400 euros perMegawatt hour just for the fuel alone.
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