nuclear-news

Many challenges stand in the way of a ‘nuclear power renaissance’.

COMMENT Isn’t “challenge” a lovely word? Conjures up pictures of a tennis match, or some exciting venture.

It’s the word they use when they mean something more like “overwhelming frightening costs” ” “worrying safety and proliferation risks”, awful unsolved problem of toxic wastes”

 Is this nuclear power’s moment? Many challenges stand in the way of a
‘nuclear power renaissance’. The nuclear power industry is receiving a
lot of attention recently thanks in part to new technological advancements.
That’s excited venture capital groups and private investors, such as Bill
Gates and OpenAI’s Sam Altman. But the industry is also known for its
boom-and-bust cycles. The FT’s US energy editor Jamie Smyth explains
there are many challenges that lie ahead for an industry, which has long
been plagued by controversy.

 FT 31st Jan 2024

https://www.ft.com/content/5550dd4f-6399-447d-a220-6132dac19697

February 2, 2024 - Posted by Christina Macpherson | business and costs