Access to Energy

NUCLEAR ECONOMICS

Nuclear Issues 15 p. 2 (June 1993) APG 8 Ruvigny Mansions, Embankment, Putney, London SW15 1LE reports a comprehensive study of power generation costs by the French Industry Ministry reported at the end of May. With a conversion of 5.8 francs per dollar, their values in 1993 American cents per kilowatt hour are:

Nuclear Reactor 4.2 - 4.5 cents/KWH

Fluidized Bed Coal 5.0 - 6.0 cents/KWH

Natural Gas Combined Cycle Turbine 5.1 - 6.2 cents/KWH

If the United States had the same mix of electric power generation as does France, an assumed one cent per KWH saving would translate into a savings of $15 billion per year. (This assumes 20% nuclear now for the U.S. increased to 70%, 70% nuclear for France, and 3 trillion KWH per year for the U.S.) Over the average lifetime of an American, that comes to about one trillion dollars. This saving is apparently insignificant to us, since United States taxpayers will pay more than that amount in 1994 alone to buy toys and job security for the current crop of clowns in Washington. As Bunker Hunt remarked, a billion dollars just doesn't buy much any more. Maybe we can sell the fact that nuclear power is safer and less polluting.



 • Petr Beckman
 • SAGA OF THE VANISHING TREES
 • VITAMIN C AS A MAGIC BULLET
 • NUCLEAR ECONOMICS
 • SAFETY FIRST
 • LE CHATELIER AND THE EARTH
 • STARK RAVING MAD
 • GOOD READING
Vol. 21, No. 1

Newsletter: Access to Energy Newsletter Archive
Volume: Issues
Issue/No.: Vol. 21, No. 1

Date: September 01, 1993 04:42 PM
Title: Petr Beckman

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