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Nuclear power industry resuscitation continues to falter

The U.S., which hasn’t licensed any new reactors since the 1979 accident at Three Mile Island in Pennsylvania, is trying to revive nuclear-power construction…….The last new plant to be licensed opened in 1987.

U.S. Nuclear Projects Tied Up Awaiting Federal Loan Guarantees – Bloomberg, By : Katarzyna Klimasinska – Jul 30, 201// <![CDATA[// 0 The so-called nuclear renaissance that was supposed to boost U.S. capacity to generate emissions- free power may stall as developers await decisions from the Obama administration on federal aid….

…The department has about $10 billion left for guarantees after it awarded $8.33 billion to Atlanta-based Southern and its partners in an expansion of the utility owner’s Vogtle power station in Georgia. There will only be enough money left to back financing for one more project unless and until Congress provides additional funding, Meeks said……..
The U.S., which hasn’t licensed any new reactors since the 1979 accident at Three Mile Island in Pennsylvania, is trying to revive nuclear-power construction to meet power demand without increasing greenhouse-gas emissions. The last new plant to be licensed opened in 1987.

U.S. Nuclear Projects Tied Up Awaiting Federal Loan Guarantees – Bloomberg

July 31, 2010 - Posted by | business and costs, USA | , , , , , ,

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