nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Make no mistake: America’s nuclear industry is in trouble.

One suggestion for getting the market to better value nuclear’s attributes is changing state renewable energy mandates to “clean energy standards” that would give utilities more incentives to invest in nuclear power

latest lie from nuclear lobby 1

 

Nuclear plants need boost to stay open, industry warns, The BladeDavis-Besse on list of most at-risk sites  By TOM HENRY  | BLADE STAFF WRITER May 30, 2016 Make no mistake: America’s nuclear industry is in trouble.

Many of the strongest statements about it are no longer found in the hyperbole of anti-nuclear groups but in dire predictions from industry figures such as the Nuclear Energy Institute’s Marvin Fertel, who said at a recent U.S. Department of Energy conference in Washington there’s a “sense of urgency” to improve economics of the nation’s 99 remaining nuclear plants……

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Ohio and Michigan are among 13 states with deregulated electricity markets where nuclear plants have an especially hard time competing. Those with single units have even more difficulty, officials said.

A 2013 Vermont Law School report listed Davis-Besse as one of a dozen plants most likely to close early because of economics……..

Wind and solar power are attacked by pro-nuclear advocates these days because of their start-up subsidies.

But several years ago, a conservative group, Taxpayers for Common Sense, identified $85 billion in subsidies to nuclear power since 1948, of which more than $66 billion was spent on nuclear energy research and subsidies through 1998…….

The industry expected 30 or more next-generation nuclear plants would be built after billions of dollars in incentives were offered by Congress in the Energy Policy Act of 2005. But those efforts have resulted in the construction of only four new reactors, the twin-unit Vogtle plant in Georgia and the twin-unit V.C. Summer plant in South Carolina…..

One suggestion for getting the market to better value nuclear’s attributes is changing state renewable energy mandates to “clean energy standards” that would give utilities more incentives to invest in nuclear power……http://www.toledoblade.com/Energy/2016/05/30/Nuclear-plants-need-boost-to-stay-open-industry-warns.html

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June 4, 2016 - Posted by | business and costs, USA

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