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« Russia to help build Egypt's first nuclear power plant | Main | AZ Senate Committee Says Nuclear Power Is a Renewable Energy Resource »
Sunday
Feb082015

Analysis: Last Tango for Nuclear Power?

Chart courtesy of u308.biz

Everybody loves a comeback story. If you like the U.S. nuclear power industry, it’s a Michael Jordan-type gallant return. If you don’t like nukes, it’s more of a Gloria Swanson gruesome comeback in Sunset Boulevard.

Similar to both Jordan and Swanson’s character, Norma Desmond, the industry has tried more than one revival. The current one may be more about salvaging economically dicey nuclear reactors than building new ones.

 Promise and peril

There is some promise for nuclear: projects in Georgia, South Carolina and Tennessee may yield the first new nuclear plants in decades. The industry and its advocates are touting new, safer reactor designs.

In addition, thanks to a Federal Appeals Court decision, utilities no longer have to add to the $30 billion burden of paying for the abandoned Yucca Mountain Nuclear Waste Repository.

Read more....

 

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