nuclear-news

.In such an environment, the only nuclear energy growth field currently is lawyers’ fees.

Nuclear Twilight in Europe

OilPrice.com by John Daly , 15 June 2011

It is becoming evident to many that the March nuclear catastrophe at Japan’s six reactor Daichi Fukushima complex has dealt a huge, possibly fatal, blow to the nuclear industry’s hopes of a revival.

A year ago even global warming enthusiasts reluctantly embraced nuclear power as a carbon-free energy generating system, and the industry was ramping up for glory days as a result.

The triple whammy against nuclear power beginning with the 1979 partial meltdown at Three Mile Island, followed by 1986’s Chernobyl  disaster and now Fukushima, effectively present a “three strikes and you’re out” call against civilian nuclear energy power generation for the foreseeable future.

That said, with the trillions of dollars already invested in 436 nuclear power plants (NNP) worldwide, according to the International Atomic energy Agency (IAEA),  the industry has begun to push back, and “ground zero” is emerging as Europe, not Japan, with the lawyers circling…..

If Berlin’s announcement [ to shut down all of its 17 nuclear reactors] sent nuclear power proponents seating, worse was to follow, as Switzerland is examining a proposal to phase out the country’s five nuclear plants by 2034. Finally, if any doubts existed about Europe’s commitment of nuclear energy, on 12-13 June in a referendum in which 56 percent of Italian voters participated, an eye-watering 94 percent voted against nuclear power…..Berlusconi’s electoral defeat has ended nuclear possibilities for Italy for the foreseeable future. In 2010, 22.2 percent of Italy’s power came from renewable energy sources. 64.8 percent were from fossil fuels, and 13 percent were imported sources, including French nuclear power. The stinging defeat at the polls is a boon for Italy’s nascent renewable energy industry……..In such an environment, the only nuclear energy growth field currently is lawyers’ fees.http://oilprice.com/Alternative-Energy/Nuclear-Power/Nuclear-Twilight-in-Europe.html