However, the big winner in a free enterprise system is nuclear technology that produces continuous, uninterruptible, and emissions-free electricity. Despite crushing regulations, a licensing process that approves almost no innovations, and their competitors enjoying at least two orders of magnitude more subsidies for renewables, nuclear power is still cost-competitive with other forms of electricity generation.
This is despite nuclear power being the safest industry in the US and the world, and the cheapest way to produce power on a level, free enterprise economic model. It is cleaner than renewables, which require exotic minerals and metals mined in developing countries. It provides baseload power like natural gas and coal and has already been proven commercially for seven decades.
Nuclear takes the least amount of land, uses the least amount of earth's natural resources, has lifetimes up to three times that of renewables (80 years vs. 25 years), and is competitive in cost even though it pays for all its clean-up and disposition costs up front. Yet there are some loud minority faction noises blaring fear to entice you to get rid of it. Remember, when you hear scary risk declarations, it is up to you to evaluate their validity and weigh them against the benefits. If anyone preaches risk without mentioning benefits, you know it is propaganda.
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Nuclear power is, very simply, the best choice for electricity generation, bar none.
- Least amount of land.
- Requires the least amount of earth's natural resources.
- Provides continuous, uninterruptible, and emission-free electricity.
- Life expectancy is more than threefold that of renewables.
But it gets better. A lot of noise has been made by some minority factions about "nuclear waste". Yet, again, they blast scary risk statements without mentioning benefits. It turns out that "nuclear waste" is slightly used nuclear fuel (SUNF) since only 3% of the energy is currently being extracted from the fuel. When recycled in fast reactors, at least 30 times more energy is available. Yet, our federal plan is to spend at least $400 billion to bury it instead of about $30 billion to jump-start existing recycling companies' technology to extract this huge amount of electricity.
The only thing in the way of nuclear power is Federal meddling to skew the free enterprise market in their own best interests. Federal regulations, subsidies, propaganda, and controlled markets are the only things stopping this existing $100 trillion (at 10 cents per kWh) treasure trove from benefitting the US.
Get the federal government out of the way, and a penny per kWh electricity is just around the corner. Keep up the destructive subsidies, regulations, and politics, and we will be languishing in dollar-per-kWh power as demand skyrockets and supply dwindles in the bosom of government love for its citizens. Electricity is the most important resource to all Americans. People must figure out which choices for continuous, uninterruptible, and emissions-free electricity suit them the most.
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About the Authors
Ronald Stein is co-author of the Pulitzer Prize nominated book Clean Energy Exploitations.
He is a policy advisor on energy literacy for the Heartland Institute,
and the Committee for a Constructive Tomorrow, and a national TV
commentator on energy & infrastructure with Rick Amato.
Oliver Hemmers has a Doctorate in Physics from the Institute of Radiation and Nuclear Physics at the Technical University of Berlin, Germany. He was a Researcher in Physics, the Executive Director of UNLV’s Harry Reid Center and C- level executive. small Modular Reactors (SMR’s).
Steven Curtis has 32 years of experience in all levels of project management and leadership. His breadth of experience includes DOE/NNSA, EPA, University of Nevada. Las Vegas, Desert Research Institute, Active Army, Nevada Army National Guard, and consulting for FEMA and DHS, Readiness Resource Group, Inc, and National Security Technologies, LLC. Steve is currently consulting or Readiness Resource Group, Inc. in the area of National Security.