What are the costs to construct, fuel and operate a nuclear power plant when compared to a natural gas power plant.
This video looks at in-depth about how nuclear energy power plant compares to a natural gas power plant in terms of cost-effectiveness of fuel, power and capital.
- Compares capital costs and fuel costs with other renewable energy sources. The video also looks at how the cost-over-time should be analyzed. This is done in a visual manner.
- The time to construct the plant is shown to be a critical variable along with interest rates.
- The years when the investment is paid off, when the costs are equal and the variables which could change value-over-time are also discussed.
- Electric production costs of all different types of fuels are compared.