• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 days They pay YOU to TAKE Natural Gas
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 2 days What fool thought this was a good idea...
  • 6 hours A question...
  • 5 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 11 days The United States produced more crude oil than any nation, at any time.
Felicity Bradstock

Felicity Bradstock

Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK.

More Info

Premium Content

An Unjustified Fear Of Nuclear Energy Is Holding The Industry Back

  • Energy security has now become a central focus for governments around the world as energy prices soar, and this new focus has seen a revival of interest in nuclear power.
  • While nuclear power does have problems associated with its cost and its environmental impact, the safety issues that are frequently pointed to by detractors are greatly exaggerated.  
  • The U.S. Department of Energy expects demand for nuclear reactors to reach $1 trillion globally, although any nuclear accident could set the industry back drastically.

Governments are backing nuclear power in a big way but fears of disasters still linger, with any mishap having the potential to derail the big nuclear resurgence. As governments get behind nuclear projects for the first time in several decades, in order to boost their energy security, many continue to be fearful of nuclear developments for both safety and environmental reasons. But will leaders be able to convince the public of the need for nuclear energy as part of a green transition?  Nuclear energy was hailed years ago as the cleaner alternative to fossil fuels that could provide reliable energy to countries around the globe. But as it was increasing in popularity, with several major global developments being achieved, three notable disasters undermined the potential for widespread nuclear development. The events of Three Mile Island in Pennsylvania in 1979; Chornobyl in 1986; and Fukushima in Japan in 2011 led to a movement away from the development of nuclear projects in favor, largely, of fossil fuels. 

However, with growing energy insecurity being felt worldwide, in response to sanctions on Russian oil and gas; a rapid movement away from fossil fuels to greener alternatives; and a rise in energy prices, several governments are putting nuclear power back on the agenda. With its carbon-free energy producing capabilities, it appeals to governments who have made ambitious carbon pledges, while offering them greater mid-term energy security than other renewable energy projects that may take longer to be developed at the scale required to meet growing demand. 

In the U.S., nuclear energy accounts for around 20 percent of the country’s power, and 50 percent of its carbon-free power. And with major public and private investments being pumped into research and development, countries around the world are hoping to build more efficient, lower-cost, and smaller nuclear reactors than what we have traditionally seen. If all goes well, the U.S. Department of Energy expects demand for nuclear reactors to reach $1 trillion globally.

But according to several energy experts, just one incident could radically worsen the already negative public perception of nuclear power. A multitude of studies deem nuclear energy the safest form of electricity generation, and yet many people around the world who have lived through nuclear disasters are still opposed to the development of new nuclear projects due to the danger associated with them. Others believe that nuclear power is not as green as it is made out to be, as although it creates carbon-free power, there is still the problem of waste management.  

Related: Ford Hikes EV Truck Prices As Material Costs Soar

So, why are we so scared of nuclear power? Despite a lack of public understanding of nuclear technology, meaning that it can sometimes be confused with nuclear weapons, there was a general optimism around nuclear energy when it first emerged several decades ago. It seems that the current negative public perception of nuclear power stems mainly from the nuclear disasters that were seen around the world in real-time. 

Although relatively few died during these incidents compared to deaths worldwide from other energy operations, the incidents were widely televised and the fear of the unknown spread rapidly. Governments responded to them differently compared to other energy disasters, mainly because it was not known how many people should be evacuated and the best way to respond to the disaster on the ground. This made people more panicked than when other events occur, such as an explosion on an offshore oil platform or a fire at a refinery. The overreaction by political powers in the face of a nuclear incident has led to widespread mistrust of nuclear technology. Furthermore, the portrayal of nuclear disasters in several TV series and movies has exaggerated the dangers associated with nuclear power. 

In reality, the nuclear incidents that caused the fear resulted in relatively few deaths. No one died due to radiation in the Three Mile Island or Fukushima disasters, and fewer than 50 died during and following Chornobyl. While this may sound like a lot, if this is the only nuclear incident that resulted in deaths during the current lifespan of nuclear energy production, the figure is much lower than other energy sources, particularly fossil fuels that continue to create deadly air pollution. 

Perhaps the only way to improve public perception of nuclear energy is through re-education that highlights the relative safety of the technology compared to other energy operations. In addition, as the public and international organizations put pressure on state governments to go green, better marketing of nuclear energy could help shift the public perception, as people begin to see the carbon-free energy source as necessary for a green future. However, for now, governments are feeling the mounting pressure to ‘get it right’, with the potential for any mishap to add to the long-term demonization of nuclear power. 

By Felicity Bradstock for Oilprice.com


More Top Reads From Oilprice.com:

Download The Free Oilprice App Today

Back to homepage

Leave a comment
  • Paul Smith on August 12 2022 said:
    One small correction. It's the fully justified fear of the cost of nuclear that is holding it back. Renewable solar and wind is dramatically cheaper and faster to build and leaves no radioactive waste.
  • Linda Pentz Gunter on August 12 2022 said:
    There are so many errors of fact in this article. Where to begin?

    The ‘revived interest’ in nuclear power is purely rhetoric. What’s soaring in the world are renewables. Nuclear power continues to decline. (See World Nuclear Industry Status Report, Stanford University etc.)

    The safety issues associated with nuclear power are far from exaggerated. They are known realities, laid out in detail even by non-anti-nuclear groups such as the Union of Concerned Scientists. The lethality of the radioactive waste in particular, and the safeguards needed to prevent a major accident or theft of nuclear materials, are the chief drivers of nuclear’s huge costs.

    It’s not fear that prevents the development of nuclear power. It’s cost, time and risk. It would be great for those of us in the anti-nuclear movement to claim credit for nuclear’s decline and ascribe it to our decades of opposition. But the market is what’s driving nuclear extinction. Renewables will reduce more carbon emissions faster for the same dollar invested as nuclear power. And of course they come without all the attendant risks. Renewables are an appealing investment. Nuclear power isn’t.

    Nuclear power is not carbon-free. Neither are renewables. But nuclear power is a far more carbon-intensive industry than renewables, just behind fossil fuels.

    It is not a “fact” that no one died due to the Three Mile Island and Fukushima disasters. Perhaps Ms. Bradstock would like to meet some of the relatives of those who needlessly died due to their radiation exposure from these accidents. These outcomes have been tracked and recorded by epidemiologists and independent scientists.

    The 50 or so death figure attributed to Chernobyl has been disavowed even by the nuclear power-promoting International Atomic Energy Agency. Nuclear power accidents kill over time — often many decades given the persistence of the radioactive isotopes released during a major nuclear disaster. But it’s not just about deaths. Beyond the tens if not hundreds of thousands of known deaths caused by Chernobyl, are non-fatal cancers, birth defects and other health problems. Thyroid cancer among young Japanese people exposed as children by the Fukushima disaster has risen significantly. None of this should be so cavalierly dismissed by ivory-tower academics lacking the facts.

    “Re-education” is certainly an interesting choice of phrase when it comes to the writer’s suggestion for improving the image of this dangerous, poorly-regulated industry. It has some pretty negative connotations and reveals an intention to blind with rhetoric rather than inform.

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News