Nuclear power is any nuclear technology that can produce extractable energy sources and uses. Most the time this nuclear reaction is taken out in a controlled and sustainable environment called “Nuclear Reactors“.
The most commonly used method for nuclear energy today is fission, other methods like fussion, and radioactive decay also exisit today. All current methods involve heating a working fluid such as water, which is then converted into mechanical work for the purpose of generating propulsion. Today more then 15% of the worlds electricity comes from nuclear power.
The navy has build over 150 nuclear-powered vessel in recent years and a few radioistope rockets have been produced as well.
The economics behind nuclear power is some what tricky subject and controversial. Since mutli-billion dollar investments ride on the choice of an energy source, which power source is most cost effective depends on the assumptions used in a particular study.
In 2001 the Economist stated that “Nuclear power, once claimed to be too cheap to meter, is now too costly to matter” cheap to run, but very expensive to build. Since inflation and other methods of fuel are slow developing and costly the operating expenses of nuclear energy are also expected to increase several digits as well.
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