Nuclear Economics

Nuclear economics involves analyzing the costs and financial factors related to producing electricity through nuclear power. It considers expenses like building and maintaining reactors, fuel costs, safety measures, regulation compliance, and waste management. While nuclear plants have high upfront construction costs, they typically generate large amounts of electricity at low marginal costs over long periods. These economics influence decisions on whether nuclear energy is a viable and competitive option compared to other energy sources, balancing economic benefits with safety, environmental impacts, and long-term sustainability.