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Nuclear Energy (Economic impacts (Direct Cost savings, Fossil fuel price…
Nuclear Energy
Economic impacts
Direct Cost savings
Fossil fuel price capping
Energy supply security
Avoided net fuel imports
Enhanced technology exports
Electricity price stability
Intellectual capital gains
Old reactors cost more
Aging reactors are inefficient
Cost of replacing old reactors with the new ones are expensive
Social Challenges
Safety
Nuclear plant meltdown
Large exclusion zones for radiation
Area the size of Singapore useless
Weapons proliferation and terrorism
Health
Radiation
Storing of radioactive waste
Future Challenges
Prolong radiation
Constant maintenance
Increase of radioactive waste
Environmental Issues
Nuclear accident consequences
Avoided greenhouse gas emissions
Avoided acidic gas emissions
Avoided carcinogen emissions
Avoided fuel extraction and transport accidents
Prevention
Strategic location of nuclear plants
away from high seismic places or major population settlements
Eg. not in Japan, definitely not in Singapore
More knowledge in the field of nuclear energy
More spacing between nuclear generators
Safer alternative energy
Types?
Clean energy
Lower greenhouse emissions
Actually safer than other sources
Less deaths from working conditions
Types
Fission plants
Does exist
Fusion plants
Does not exist
Social
Negative connotation
Perceived as unsafe
Arguments
Sources
https://www.oecd-nea.org/brief/brief-09.html
https://www.wiseinternational.org/nuclear-monitor/621-622/7-other-problems-associated-nuclear-power
Solutions
Educate the people
To evacuate the proximity near the nuclear plant
Radiation risk
Lack of funds/attention