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Joe Biden under pressure from nuclear lobby, despite the failing state of their industry

Nuclear power backers hopeful Biden’s climate focus will boost industry, By Nina Chestney, Timothy Gardner, Reuters, 13 Jan 20,  – Backers of nuclear power hope U.S. President-elect Joe Biden’s focus on curbing climate change will boost the industry which is currently plagued with shutdowns, executives told a Reuters Next conference on Monday.
This is a great opportunity for our country to get our groove back after a number of years of challenges,” said Dan Poneman, the president and chief executive officer of Centrus Energy Corp, a maker of fuel for advanced nuclear reactors that are expected to become commercial in coming years.
Biden, who takes over on Jan. 20, wants to make curbing climate change one of the pillars of his administration and has supported research and development for advanced nuclear technologies……..

The United States has about 94 traditional reactors, out of the 440 worldwide, but rising costs have forced many plants to shut with five more expected to close this year in Illinois and New York.

Nuclear power faces competition from electricity stations that burn cheap, plentiful natural gas and from renewable power, including wind and solar.

In addition, around the world, nuclear plants face rising maintenance and safety costs, including protection against attacks by militants or regulatory responses to the 2011 Fukushima nuclear disaster in Japan…….
It is not clear how Biden’s administration will prevent more of the current reactors from shutting. Rick Perry, President Donald Trump’s former energy secretary, tried to set up subsidies for nuclear power, but the idea was rejected by energy regulators.
In addition, non-proliferation experts have concerns about the supply chains of advanced nuclear, which could involve small plants in more remote locations, and that the waste that they generate could be even more concentrated than spent nuclear fuel from traditional plants……..   https://www.reuters.com/article/us-nuclearpower-energy/nuclear-power-backers-hopeful-bidens-climate-focus-will-boost-industry-idUSKBN29G2AY

January 14, 2021 - Posted by | politics, USA

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