"Ten years since the Fukushima disaster, expensive nuclear energy plants are being shut down across the world as renewable power prices plummet."
"In the face of soaring gas prices in the UK, some incumbent conservative politicians are pushing nuclear energy as the savior. The argument goes that the energy source has low carbon emissions, and that new smaller reactors can more quickly be brought online.
Rolls-Royce stands ready to build 16 new mini-reactors in northern England, with UK business secretary Kwasi Kwarteng reportedly keen to approve the move.
But as the 2021World Nuclear Industry Status Report (WNISR) that was released today confirms, uranium-fuelled energy constitutes an ever-decreasing proportion of the energy mix.
Exorbitant costs, especially compared to renewables, is exacerbating the fall-out from Fukushima that drove countries like Germany and Belgium to phase-out the fuel by 2022 and 2025 respectively."
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