Friday, Nov 27th

Last update07:41:34 AM GMT

You are here News Energy Nuclear power: why US nuclear 'renaissance' fizzled and plants are closing

Nuclear power: why US nuclear 'renaissance' fizzled and plants are closing

E-mail Print PDF

nuclear plantsA funny thing happened on the way to a nuclear renaissance: For the first time in 15 years, operating nuclear plants are being forced to close, and energy companies are scuttling plans for new plants and upgrades to existing ones.

In addition to four closures of nuclear plants so far this year, two other US nuclear plants are at a crossroads, and dozens more at risk of early retirement.

It points to the thwarted promise of a nuclear industry that 10 years ago seemed on the verge of revival, until derailed by cheap energy alternatives, listless energy demand, and renewed safety and regulatory concerns, especially after the 2011 Fukushima nuclear accident.

The risk of a major event on US soil is extremely small, and the benefits of nuclear’s stable, carbon-free energy are too good to ignore, nuclear advocates say. And energy markets aren't set in stone: If natural-gas prices were to rise, nuclear would be a more economic option.


Most Recent Related Stories...

Scotland hosting new type of offshore wind program

Scotland floats new wind programThe Scottish government said it granted a license to the operators of what Edinburgh said may...

Japan now has more car charging points than gas stations

Japanese charging pointsNissan Motor Co. has reported that Japan now has more places to charge electric vehicles than...

Oil Services Co.,Baker Huhes, lays off 10,500

Baker Hughes "Extreme market forces" are in play in the global energy sector, oil services company Baker...

Researchers turn solar energy into liquid fuel

Solar energy to liquid fuelA small number of vehicles on U.S. roads are already indirectly powered by the sun. Ostensibly,...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!