nuclear-news

CEO of General Ellectric -” It’s really hard to justify Nuclear Power Plant. ”

This is purely economical announcement by the CEO Jeff Immelt of GE(General Electric) who once was a major prime contractor of Nuclear Power Plant.

“So I think some combination of gas, and either wind or solar … that’s where we see most countries around the world going.” (Jeff Immelt, current CEO of GE, Financial Times, July 30, 2012)

This is the global reality.

Immelt melted down Nuke Plant itself via Fukushima Accident.

”
Nuclear power is so expensive compared with other forms of energy that it has become “really hard” to justify, according to the chief executive of General Electric, one of the world’s largest suppliers of atomic equipment.
“It’s really a gas and wind world today,” said Jeff Immelt, referring to two sources of electricity he said most countries are shifting towards as natural gas becomes “permanently cheap”.

“When I talk to the guys who run the oil companies they say look, they’re finding more gas all the time. It’s just hard to justify nuclear, really hard. Gas is so cheap and at some point, really, economics rule,”

Mr Immelt told the Financial Times in an interview in London at the weekend. “So I think some combination of gas, and either wind or solar … that’s where we see most countries around the world going.”

http://www.ft.com/intl/cms/s/0/60189878-d982-11e1-8529-00144feab49a.html#axzz2HHTay4nb

h/t

January 7, 2013 - Posted by arclight2011 | Uncategorized