High cost of nuclear threatens its place in the new energy mix

On a strategic panel titled, Powering nuclear energy to support a low-carbon energy system on the third day of ADIPEC 2023, industry pundits acknowledged the challenges of nuclear adaptation and cited costs as the biggest drawback of them all.

Tim Yeo, Chairman, New Nuclear Watch Institute is a champion of nuclear. He said: “I’m convinced that the world desperately needs nuclear. One thing we know for certain is there’s going to be a great increase in the demand for consumption of electricity. And therefore how we generate electricity is critical to solving the threat of climate change.”