Nuclear Energy

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Nuclear energy Nuclear Power and its uses is a growing discussion in today’s era of technology. Australia is one of the developed countries where the demands of energy resources are increasing rapidly. Nuclear energy is coming up as a great alternative, but various factors support as well as oppose its growth. Some countries oppose the usage of nuclear energy because of the problems associated with its usage. Production and Maintenance of nuclear power is very expensive. Nuclear power is viewed as too dangerous, uneconomical, and not required. Although, nuclear energy has a potential hazard, but it is reliable in terms of efficiency, environmental impact and cost when compared with other sources of energy. Therefore, the increase in the demand of nuclear energy could be substantial. It was reported that: The inefficiencies and environmental hazards associated with the use of fossil fuels as sources of energy and the excessive cost an incapability of renewal energy sources to meet demand for energy, means that increasing reliance on nuclear energy is unavoidable (Brown, 1987). There are critics against nuclear power and advocates as well. As a power source, nuclear energy will be main consideration among alternative sources of energy in near future. There are wide and diverse reasons for this. This essay will consider comparison between fossil, renewable and nuclear energies in terms of efficiency, environmental impact, cost, and safety and the socio-economic factors. Firstly, nuclear energy is more efficient than fossil fuel and renewable energy sources. Recent statistics by World Nuclear Association (2005) predicts that in the next 50 years Earth’s population will increase about 3 billion and leading to more energy consump... ... middle of paper ... ...in future followed by renewable resources. References: American Petroleum Institute (API), December 1998, Assessing the Significance of Subsurface Contaminant Vapor Migration to Enclosed Spaces, Health and Environmental Sciences Department, Pub. No. 4674. Brown, N. 1987, ‘Biogas Systems in Development’, Appropriate Techno, vol.14, no.3, pp.5–7. Cornelia Blair, 1997. “The Economics of Australian Uranium Mining” (August 2005), viewed 13/10/05, http://www.uic.com.au/econ.htm. Union of Concerned Scientists, 2005 Uranium Information Centre, 2004, Supply of Uranium, Nuclear Issues Briefing Paper # 75, www.uic.com.au/nip75.htm. World Nuclear Association (WNA) (2005) - The Global Nuclear Fuel Market: Supply and Demand 2005-2030. World Nuclear Association, 2005, “Nuclear Power Reactors”, www.world-nuclear.org/info/inf32.htm.

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