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Aug 5, 2012

Japan using nuclear saves about $1 trillion versus Fossil fuels

Forbes - James Conca compares the cost for Japan of using fossil fuels in place of Nuclear or restarting all remaining nuclear power and uprating to make up for the loss of Fukushima.

Over the next two decades, the cost of replacing nuclear with fossil fuel generation in Japan will be about $1.2 trillion, most of it in the cost of natural gas. This cost does not include financing, insurance or other non-operating or non-construction costs. It will take about ten years to fully implement this new mix. 

Over the next two decades, the costs of keeping the nuclear fleet afloat is about $225 billion, much less than the fossil fuel alternative


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