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Nuclear Power

Nuclear Power. By: Nick H. Aubrey V. Dan L. Kiera B. Production. Produced by controlled nuclear reactions Controversial and has an on-going debate about the use of it.

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Nuclear Power

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  1. Nuclear Power By: Nick H.Aubrey V. Dan L. Kiera B.

  2. Production • Produced by controlled nuclear reactions • Controversial and has an on-going debate about the use of it. • Proponents, such as the World Nuclear Association and IAEA, contend that nuclear power is a sustainable energy source that reduces carbon emissions. • Nuclear power provides about 6% of the world's energy and 13–14% of the world's electricity, with the U.S., France, and Japan together accounting for about 50% of nuclear generated electricity

  3. Costs • For two new AP1000 reactors at its Turkey Point site Florida Power & Light calculated overnight capital cost from $2444 to $3582 per kW, total costs of $3108 to $4540 per kilowatt. • Florida Progress Energy announced that if built within 18 months of each other, the cost for the first would be $5144 per kilowatt and the second $3376/kW - total $9.4 billion. contingencies the total would be about $14 billion. • The Virgil C. Summer Nuclear Generating Station in South Carolina South Carolina Electric and Gas Co. and Santee Cooper expected to pay $9.8 billion • Lee site Duke Energy Carolinas raised the cost estimate to $11 billion • Bellefonte site TVA updated its estimates for overnight capital cost estimates ranged to $2516 to $4649/kW for a combined construction cost of $5.6 to 10.4 billion

  4. Costs • Georgia Power Company reached a contract agreement for two AP1000 reactors to be built at Vogtle, at an estimated final cost of $14 billion plus $3 billion for necessary transmission upgrades • the AP1000 units already under construction in China have been reported with substantially lower costs: • In 2007, the reported cost for the first two AP1000 units under construction in China was $5.3 billion. • In 2009, the published cost for 4 AP1000 reactors under construction in China was a total of $8 billion • In addition, a domestic CAP1400 design based on the AP1000 is due to start construction in April 2013 with a scheduled start of 2017. Once the CAP1400 design has been proven, work is scheduled for a CAP1700 design with a target construction cost of $1000/kW

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