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Connecting the Dots: Renewable Energy and Nuclear Energy – Mutually Supportive or Mutually Exclusive – A Critical Review

Author

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  • Neda Muzho

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Nuclear energy and renewable energy are two prominent sources of power that have been under scrutiny for their environmental impact and sustainability. Nuclear energy, derived from splitting atoms to generate heat, produces large amounts of energy with minimal greenhouse gas emissions. However, it poses risks such as radioactive waste and potential accidents. On the other hand, renewable energy sources like solar, wind, and hydropower are clean, sustainable, and abundant. They have a lower environmental impact and are increasingly cost-effective. By comparing the benefits of both nuclear and renewable energy, it is evident that the right energy mix is a more viable and sustainable option for the future.

Suggested Citation

  • Neda Muzho, 2024. "Connecting the Dots: Renewable Energy and Nuclear Energy – Mutually Supportive or Mutually Exclusive – A Critical Review," Godishnik na UNSS, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 129-140, October.
    • Handle: RePEc:nwe:godish:y:2024:i:1:p:129-140
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    File URL: https://unwe-yearbook.org/en/journalissues/article/11607
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    More about this item

    Keywords

    sustainable development; Energy; renewable; nuclear; cost-effective;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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