Money Money!!!

You go to a restaurant to have your daily serving of your favourite chicken rice.... It costs around RM4.50.... Not cheap and not that expensive.... Then one fine day, of your of friends tell you that he or she found an another shop selling chicken rice for only RM4.00 with the taste of the chicken slightly different but still taste nice and is as filling as the one you usually eat... You would definitely try it right???

Coal is currently the main contributor for power generation in Malaysia... Coal is a relatively cheap fuel since its one of the most abundant fossil fuel on our planet... Unlike China, USA and Australia, Malaysia does not have the luxury of having abundance of supply of domestic coal resources. Therefore, a large portion of Malaysia's coal supply is being imported. Currently, fossil fuel in the international market is fluctuating vigorously. Unfortunately, the acquisition price for coal becomes more expensive from time to time. Therefore this would more or less affect Malaysia's power production cost.

Therefore, would it be a hightime for us to find an alternative fuel source to replace the use of coal??? DEFINITELY!!!!

Believe it or not, power generation through nuclear is actually one of the cheapest if compared to other power generating means. In fact, power generation through the means of nuclear is the cheapest in developed countries such as Japan and also Korea. It should be noted that coal and uranium mining in these country is in a very small scale or none at all.

The power generated per mass of nuclear fuel is very massive which far surpasses the capability of other power generating fuel such as coal and natural gas. Therefore, although the initial start-up and operation cost would be higher, in the long run throughout the life-cycle of the nuclear power plant, the total cost of electricity production per kWh would be very low which would go as low as just $0.04 per kWh which is equivalent to around RM0.12 per kWh.

Below is a video from youtube about one of the world's richest person, Bill Gates having a talk about the future of nuclear energy in the world. Although he is no nuclear specialist but hei, due to his vision about the future in which that computer would be part of our daily life, he is one of the riches person in world. So do watch this clip and maybe you might gain an another perspective on the future of nuclear energy ^^