Even nuclear industry experts know that the business is a dead cat
The nuclear landscape includes aging plants, rising global demand for energy, competition from cheap natural gas and environmental standards likely to be toughened after the Fukushima crisis in Japan.
A long-anticipated U.S. “nuclear renaissance” has run into headwinds – sagging demand for electricity as the economy slumped, investors wary of new plants that will cost $10 billion or more and then the crisis at Fukushima.
Nuclear meeting opens in Charlotte with debt worries, News Observer BY BRUCE HENDERSON , 22 May 12 Continue reading
South Africa’s renewable energy becoming cheaper
Renewable energy ‘getting cheaper’ Business Report, By Londiwe Buthelezi. May 22 2012 The cost of renewable energy for South African businesses and homes is coming down. Projects chosen in the second bidding window of the renewable energy independent power producers (IPP) programme would offer power at lower prices, the Department of Energy announced yesterday. Continue reading
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