Friday, Oct 28th

Last update05:20:13 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...

Nuclear reactor at Indian Point plant in N.Y. shut down again after leak found

Indian Point reactor leakOne of two reactor units at a nuclear power plant near New York City has been...

Big Banks Aided Firm At Center Of International Bribery Scandal

Big BanksNo business can operate without bankers — not even the bribery business.British financial giant HSBC and...

Portugal runs for four days straight on renewable energy alone

Portugal runs four days on renewable energyPortugal kept its lights on with renewable energy alone for four consecutive days last week in...

U.S. Oil Industry Giant Paid Millions To A Company At The Center Of Huge Corruption Scandal

KBRThe American engineering and construction firm KBR hired Unaoil — an obscure Monaco-based company now involved...
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!