Nuclear Power: The Trojan Horse of Energy Economics - Author: Jude S. Ngu'Ewodo
Nuclear Power: The Trojan Horse of Energy Economics Let me jog your memory. Remember that post where I dismantled the myth that nuclear power is an economic savior compared to wind energy? Oh, how we laughed at those “cost-efficient” calculations that conveniently left out key details. Well, buckle up—because it gets worse. The nuclear negative list is uglier than even my conservative analysis suggested. The Flamanville Saga: A Case Study in Nuclear Nightmares Take Flamanville, the infamous 1600 MW nuclear power plant. Originally budgeted at €3.3 billion, it’s now clocking in at a staggering €19 billion—and it’s still counting! That’s not just mission creep; that’s mission disaster . But wait, there’s more. Over its entire lifecycle, my latest analysis shows that the real market (not the shady dictator-dealing kind) cost of the feedstock required—uranium or plutonium—could skyrocket to an eye-watering $5 billion . Yes, that’s billion with a “B.” And if you thin...