nuclear-news

No end to the gloom in USA’s nuclear industry

Nuclear power: Can its winter of discontent ever end?, CNBC14 Nov 2015,  Under different circumstances, the Nuclear Regulatory Commission’s recent decision to grant its first license to a nuclear power plant in nearly two decades would be interpreted as a boon for the atomic energy industry.

These, however, are hardly normal times for the nuclear sector, which many observers acknowledge is hamstrung by relentless domestic opposition — even as dozens of new atomic power reactors are being constructed worldwide. Despite nominal backing from the federal government, and an accelerating push to promote carbon free energy sources, the Tennessee Valley Authority’s $4.5 billion Watts Bar plant isn’t being interpreted as a fresh start for a beleaguered sector.

“We haven’t done anything in 20 years … now we’re off to the races? Not at all,” said Vincent DeVito, a partner at Bowditch & Dewey, LLP, and a former Department of Energy policymaker….

November 16, 2015 - Posted by Christina Macpherson | general