Ask Business Management Expert

Write or rephrase the following below?

Advantages of nuclear power

The generation of electricity through nuclear energy reduces the amount of energy generated from fossil fuels (coal and oil). Less use of fossil fuels means lowering greenhouse gas emissions (CO2 and others).

Currently, fossil fuels are consumed faster than they are produced, so in the next future these resources may be reduced or the price may increase becoming inaccessible for most of the population.

Another advantage is the required amount of fuel: less fuel offers more energy. It represents a significant save on raw materials but also in transport, handling and extraction of nuclear fuel. The cost of nuclear fuel (overall uranium) is 20% of the cost of energy generated.

The production of electric energy is continuous. A nuclear power plant is generating electricity for almost 90% of annual time. It reduces the price volatility of other fuels such as petrol.

This continuity benefits the electrical planning. Nuclear power does not depends on natural aspects. It's a solutions for the main disadvantage of renewable energy, like solar energy or eolic energy, because the hours of sun or wind does not always coincide with the hours with more energy demand.

It's an alternative to fossil fuels, so the consumption of fuels such as coal or oil is reduced. This reduction of coal and oil consumption benefits the situation of global warming and global climate change. By reducing the consumption of fossil fuels we also improve the quality of the air affecting the disease and quality of life.

Disadvantages of nuclear power

We've previously discussed the advantage of using nuclear energy to reduce fossil fuel consumption. Organizations often use this argument in favor of nuclear energy but it's a partial truth. Much of the consumption of fossil fuels is due to road transport, used in heat engines (cars, trucks, etc.). Savings in fossil fuel for power generation is fairly low.

Despite the high level of sophistication of the safety systems of nuclear power plants the human aspect has always an impact. Facing an unexpected event or managing a nuclear accident we don't have any guarantee that decisions we took are always the best. Two good examples are Chernobyl and Fukushima.

The Chernobyl nuclear accident is, by far, the worst nuclear accident in the history. Different wrong decisions during the management of the nuclear plant caused a big nuclear explosion.

Referring to the Fukushima nuclear accident, the operations done by the staff were highly questionable. Fukushima nuclear accident is the second worst accident in the history.

One of the main disadvantages is the difficulty in the management of nuclear waste. It takes many years to eliminate its radioactivity and risks.

The constructed nuclear reactors have an expiration date. Then, they've to be dismantled, so that main countries producing nuclear energy could maintain a regular number of operating reactors. They've to built about 80 new nuclear reactors during the next ten years.

Nuclear plants have a limited life. The investment for the construction of a nuclear plant is very high and must be recovered as soon as possible, so it raises the cost of electricity generated. In other words, the energy generated is cheap compared to the cost of fuel, but the recovery of its construction is much more expensive.

Nuclear power plants are objectives of terrorist organizations.

Nuclear power plants generate external dependence. Not many countries have uranium mines and not all the countries have nuclear technology, so they have to hire both things overseas.

Current nuclear reactors work by fission nuclear reactions. These chain reactions is generated in case control systems fail, generating continous reactions causing a radioactive explosion that would be virtually impossible to contain.

Probably the most alarming disadvantage is the use of the nuclear power in the military industry. The first use of nuclear power was the creation of two nuclear bombs dropped on Japan during World War II. This was the first and the last time that nuclear power was used in a military attack. Later, several countries signed the Nuclear Non-Proliferation Treaty, but the risk that nuclear weapons could be used in the future will always exist.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92632878

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As