Even the nuclear industry itself knows that its future is dodgy
SMi’s 3rd Annual Financing Nuclear Power Conference Will Connect Experts And Executives Nuclear Street, – By April Murelio 8 March 2010,”….. -According to the World Business Academy the availability and cost of financing for new nuclear plants will depend on:
• The level and certainty of government subsidies and incentives•
*The comparative cost and performance of renewable energy sources•
The timing of capital markets’ recovery from the credit crisis•
Estimated construction costs• The structure of the target electricity market (competitive market v. more traditional, regulated cost-of-service market)
• Assessments of plants’ lifetime capacity and performance
• Resolution of the long-term waste storage problem
• Public opinion about nuclear power…
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