Nuclear energy is safe and cheap when things work as expected, but it is super-expensive and deadly when accidents happen.
If we can count on one thing in life, it’s that the unexpected will happen.
in my state of Maine, Maine Yankee, decommissioned in 1996, has 64 “dry cask canisters” holding spent nuclear fuel rods and other radioactive materials. From Bangor Daily News Mar 16, 2011: “…ratepayers pick up the estimated $6 - $8 mil annuall tab to store & monitor radioactive fuel…” from the Wiscasset plant. Since 1996, an average of $7 mil x 21 yrs = $147 mil. It produced NO electricity in those 21 years, just cost money.
Well, since there is no other options for storing this poison, and needs to be kept secure for the next 25,000 years, that is $175,000,000,000, not counting for inflation. $175 Bil, just in storage costs. One plant, that produced electricity from 72-96, a short 24 years.
If the true costs of nuclear energy were factored in to what a utility charged for that electricity, it would not be “too cheap to meter,” but too expensive to produce.
Factor in true costs of insurance policies a utility company SHOULD be required to carry (and does not, BTW) to recompense victims after major accident, and not policies artificially capped by federal legislation–you would not split one atom…
Factor in true costs of security services at storage site for the waste products for thousands of years…
Factor in the design, land, building, and maintenance of a storage facility–none yet exists–and true costs would bankrupt several nations…. Imagine storing your own garbage output in the kitchen for the next number of decades…