A recent study conducted by the University of Utah has revealed that the development of nuclear power in the state could cost tens of billions of dollars. The study highlighted the potential economic risks and challenges associated with investing in nuclear power, including the high costs of construction, maintenance, and waste disposal.
Researchers emphasized that the initial investment in nuclear power plants could range from $10 billion to $20 billion, with additional costs for maintaining and decommissioning the plants. They also noted that the long-term costs of nuclear power could be even higher, with estimates reaching as high as $100 billion over the course of several decades.
The findings have sparked debate among policymakers and experts in Utah, with some advocating for the potential benefits of nuclear power in terms of energy security and reduced carbon emissions, while others are concerned about the financial risks and environmental impact.
It remains to be seen how the state will proceed with its energy planning in light of these new revelations about the costs of developing nuclear power.
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