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Nuclear industry conference reveals pessimisim about the industry’s future

Flag-USAradiation-sign-sadState Impact Pennsylvania reports, Oct 2 2015,  “….. industry leaders at the “Nuclear Matters” conference in Pittsburgh this week said they were disappointed in the EPA’s Clean Power Plan, the Obama Administration’s landmark carbon regulation for the power sector……..Industry executives complained about the competition from cheap natural gas, and nuke-paranoiaabout a suite of new regulations, imposed by the Nuclear Regulatory Commissions after the the 2011 meltdown at the
Fukushima Daiichi Nuclear Power Plant in Japan
.
“With the current market as it exists now, we are competing, but we’re not winning,” said Sam Belcher, President and Chief Nuclear Officer for FirstEnergy Nuclear Operating Company, which operates three plants in Ohio and
Pennsylvania……..

Larry Lindsey, a former economic policy assistant to George W. Bush and a speaker at the event, said the industry also suffered from the public’s and politicians’ “irrational fear” of the industry”

October 3, 2015 - Posted by | general

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