The Economic and Environmental Importance of Using Nuclear Energy to Generate Electricity

Document Type : Original Article

Authors

1 Ain Shams University Doctoral Fellow - Faculty of Business Ain Shams University

2 Professor of Economics - University Faculty of Business Ain Shams University

3 Assistant Professor- University Faculty of Business Ain Shams University

Abstract

Nuclear power plants are considered the most economical in generating electricity compared to central 
power plants operating on fossil fuels. The social return from it is great and is directly reflected in the life of 
the citizen; This is in addition to the fact that there will be long-term production of electrical energy; The 
minimum usage of the station is up to sixty years, and it can extend for a longer period. Which will be 
reflected in providing job opportunities, in addition to the future investments that will be pumped into the 
region because of the presence of that station, as it is linked to the idea of transferring science and technology, 
which contributes to the development of the community's infrastructure.
 Energy security is one of the main criteria to ensure economic stability, as it is an integral part of national 
security, as electricity is an essential input for the well-being of society and economic development; Hence, 
nuclear energy is one of the possible measures to meet the world's needs for electricity, as it is a promising 
alternative to traditional energy sources. This is due to the exposure of the cost of electricity production to 
sharp fluctuations because of fluctuations in the prices of its fossil fuels.

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