Citing higher costs, UK environmental think-tank the New Economics Foundation has reportedly said that building more nuclear power plants is not a viable option to cut carbon emissions from power generation and minimize the use of imported fossil fuels.
According to a Reuters report, the New Economics Foundation (NEF) has said that building more nuclear power plants is too slow, costly and risky and will not help prevent climate change and ensure energy security. Several countries including the UK are considering the option.
The costs involved in building new reactors are three times more than what supporters of such plants say, the NEF said in a report.
Nuclear power has been promoted as a solution to climate change and an answer to energy security. It is neither, Reuters cites the report as saying. As a response to global warming it is too slow, too expensive and too limited.
The countries should spend more time and resources on renewable energy sources that can deliver the carbon cuts more quickly, safely and economically, the report said.