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One key solution to genuine energy security and climate change is Renewable Energy. Renewable energy is clean, safe and cheap. And the best thing about it is, we already have a Renewable Energy Law—so we don’t need to revive outdated technology like the Bataan Nuclear Power Plant to achieve our quest for energy solutions.
Nuclear power is expensive.
Building and operating and maintaining nuclear plants cost more than most renewable energy and energy efficiency technologies.
* The proposed rehabilitation of the BNPP is projected to cost USD 1 Billion, already equivalent to the cost of a new power plant.
* This cost does not include expenses for:
- Uranium or similar fuels, including its mining, milling, conversion, enrichment and transport
- decommissioning reactors
- storage and security of radioactive waste
- and should an accident occur, massive costs for evacuation,
relocation of communities, health costs, aside from the repair of the
plant and the rehabilitation of surroundings—all of which can amount to
hundreds of billions of US dollars for a period of decades.
* Nuclear power will make the country dependent on imported uranium, a
limited resource found only in a few countries in the world.