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The News That Matters about the Nuclear Industry

Irreversible decline of nuclear power across the world

Standard & Poors Global Market Intelligence 16th October 2017, Nuclear energy is in irreversible decline across the world, with the construction of new units appearing to bottom out, a new report found. “The deterioration of the situation is accelerating,” warned Paris-based nuclear consultant Mycle Schneider at the U.S. launch of the World Nuclear Industry
Status Report on Oct. 12 in Washington, D.C. The event was hosted by the anti-nuclear Natural Resources Defense Council, the Union of Concerned Scientists and the German Green Party-linked Heinrich Böll Stiftung North America foundation.

The 10th annual edition of the report provides a grim assessment of the worldwide nuclear industry. According to the report’s 2017 edition, the mean age of the world’s 403 reactors in operation as of
July 1 is approximately 29 years while the mean age at retirement of the 169 reactors that have shut down was roughly 25 years.
https://www.snl.com/web/client?auth=inherit#news/article?id=42284954&cdid=A-42284954-123

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October 27, 2017 - Posted by | 2 WORLD, business and costs

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