Development of nuclear power as an alternative to fossil fuels

Abstract

Research into environmental pollution and global warming has induced the energy industry and various levels of government to reduce their dependence on fossil fuels, especially coal and oil. One of the options being considered is increasing nuclear power generation, which has the advantage of high production capacity that can be fully utilized, low fuel consumption and low cost relative to the amount of electricity being generated. However, despite technological progress, the share of nuclear energy in the world’s energy mix is decreasing, especially in countries with highly developed economies. The reasons for this are high capital expenditures and their uncontrolled increase, fear of contamination of the natural environment in the event of a failure or terrorist attack as well as difficulties in long-term disposal of radioactive waste. This article analyzes the development of nuclear power as an alternative to fossil fuels in the pursuit of sustainable development, in particular with regard to investment outlays, the cost of generating electricity, environmental protection and security.