The parts of a boat have funny names to a landsman. Many of the names go back hundreds of years and their origins are often lost. Some make sense only if you know something of sailing ship construction in the 16th century.
Cheap dreams, expensive realities. In the dawn of the nuclear era, cost was expected to be one of the technology's advantages, not one of its drawbacks. The first chairman of the Atomic Energy Commission, Lewis Strauss, predicted in a 1954 speech that nuclear power would someday make electricity âtoo cheap to meter.â.
Nuclear power is costly power. 1  The EIA puts the wholesale cost at 11 to 13 cents USD per KWH for new nuclear full lifecycle. The US Vogtle example is running 11 cents USD per KWH unless more delays and problems drive that cost higher. The UK EDF Hinckley example is pegged at 15 cents USD per KWH for 35 years per the agreement.