Nuclear energy is a long-term electricity and power source. Nuclear energy accounts for 6% of all
energy consumed worldwide for various reasons. Nuclear energy, for example, is estimated to
generate about 14% of the world’s electricity, according to research. Only a few countries in the
world can harness and use nuclear power properly.
Nuclear power plants are found in only thirty-one nations around the world (National Statistics
2001). The United States of America, Japan, and France are among the countries that have
achieved advancements in nuclear power generation. Nuclear energy is mainly used to generate
power in these three countries. Nuclear energy generation has been the subject of fierce debates
over the years.
These discussions appear to be between two factions. According to one of the groups formed by
the World Nuclear Association, nuclear energy is a reliable and efficient source of energy. Nuclear
energy is considered unsafe by the other group, which Greenpeace International leads.
Furthermore, they contend that nuclear power poses a significant threat to living beings and the
environment. Nuclear energy is a safer alternative to other energy production processes. This
information increases the likelihood of nuclear energy being used in the future (McKean 2006).
Despite the fact that several organizations and individuals have expressed concerns about nuclear
energy’s risk, it has many advantages over conventional energy sources. Nuclear power has the
advantage of serving as a backup energy source when oil and coal are in short supply.
In comparison to fossil fuels, nuclear energy uses a small amount of fuel. Nuclear power plants
need a small amount of uranium compared to other fuel sources. Some energy sources are harmful
to the environment (Michael 1988). Burning oil and coal, for example, is a significant source of
The radiation emitted by nuclear reactants is harmful to the human body, one of nuclear energy’s
disadvantages. It has the potential to kill human cells, resulting in disease or death. Disposing of
waste from nuclear reactors is also a serious concern. This is due to the radiation emitted by nuclear
waste, which can harm cells (Roger 1999).
Nuclear energy could have an impact on your profession, life, and future in a variety of ways. They
are as follows:
Nuclear power plants are expensive to construct. Nuclear energy power stations cost the
government billions of dollars to build. The cost of building nuclear power plants is high, but the
low cost of fuel is a welcome relief. To assess the economic implications of other energy sources,
various dependency issues must be taken into accounts, such as the vast volume of fossil fuel
required and coal. In addition, the economic consequences of nuclear waste storage and disposal
of nuclear energy should be considered.
In addition, the cost of mitigation measures implemented to fight global warming must be taken
into account. Electricity demand reduction is difficult for these nuclear power plants, which rely
on financial support to run properly and efficiently (Practical Guide 1995).
Future uncertainties should be taken into account while analyzing the economics of nuclear power.
Risks associated with building costs, accident liability, and performance operations are passed on
to consumers in most countries that operate nuclear power facilities. The magnitude of nuclear
accident liability is that only the government is liable for compensation (Stephen 2001).
Scenario: For example, suppose You live in a country that has suffered for years with high costs
associated with using fossil fuels like coal to generate power. The government invents a plan to
build a nuclear power plant that will be less expensive and more reliable to operate than
conventional energy sources.
The government raises consumer goods taxes to raise enough funds to build this factory. It also
votes to boost the income tax on worker salaries to fund the plant’s construction. As a result of this
scenario, your net salary will be reduced, and your daily costs will rise.
Safety and accidents
There have been numerous nuclear disasters in the past. The Fukushima Daiichi nuclear tragedy
in 2011 was the most recent nuclear energy disaster. Some variables, such as the lack of passively
safe nuclear energy plants and inadequate nuclear fusion disposal, contribute to these mishaps.
When compared to other energy sources, nuclear energy accidents have a high economic impact.
Scenario: Assume some workers at a nuclear power plant. A fire breaks out in this plant due to
weak safety precautions. Some of the workers are badly burned. This scenario will have an impact
on the lives of these workers. Some of them may experience psychological trauma, which will
have a long-term effect on their everyday lives.
Changes in the environment
The emissions from nuclear reactors have a negative impact on the climate. Climate change has
been worsened by the growing number of nuclear power reactors around the world. It has been
proven that nuclear power has a negative impact on the ozone layer, which protects living
organisms on the surface of the Earth from harmful ultraviolet rays.
Increased heat waves and frequent droughts are among the climatic changes witnessed as a result
of nuclear emissions, according to the Institute of Energy (1998). The release of nuclear waste and
pollutants into the environment has contributed to the pollution of oceans and rivers, which is
hazardous to aquatic life.
Scenario: Consider a scenario in which nuclear energy is adopted as a source of energy, resulting
in dramatic climate change. As a result of climate change, temperatures are rising, and droughts
are becoming more frequent. This climatic change will have an impact on those who rely on a
As a megatrend, nuclear energy impacts people’s lives, work, and future. One factor that influenced
the establishment of nuclear power plants was personal income. Nuclear power plants are
expensive to construct. Nuclear power plants cost the government billions of dollars to build.
Although the cost of building a nuclear power station is high, one of its advantages is the cheap
cost of fuel.
Many nuclear accidents have occurred in the past in terms of disaster and safety. Some factors,
such as the lack of passively safe nuclear energy plants and inadequate nuclear fusion disposal,
contribute to these mishaps. To summarize, nuclear energy has an impact on the environment.
Nuclear reactor emissions have a harmful impact on the climate. Increasing the number of nuclear
power plants around the world has resulted in more changes in the climate.