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Benefits of nuclear power

The audited environmental product statement of the Vattenfall Energy utility shows that their Nuclear Power Plants emit less than one hundreth the Greenhouse Gases of Coal or Gas fired power stations. If the Nuclear Power Industry lives up to it's promises for modern, 3rd generation plants, the total levelised cost of Nuclear Power including contruction, operational, waste disposal and decommissioning costs is in the range 3 - 5 cents per KiloWatt-Hour depending on the interest rate obtained for the construction. Nuclear Power plants pay back the energy required to build them in less than 2 months of operation. Current world proven reserves of Uranium are sufficient to supply current world demand for 50 years. Speculative reserves provide an additional 150 years of supply. The cost of Uranium Ore is a very small fraction of the operating costs of Nuclear Power. Fourth Generation Nuclear Plants can fully utilize all the energy in Natural Uranium. There is sufficient Uranium and Thorium on Earth for Fourth Generation reactors to supply the total World demand for energy for hundreds of centuries.

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