nuclear-news

The West’s Nuclear Power Revival Could Be Slower Than Hoped.

By Tsvetana Paraskova – Mar 21, 2024

Western nations may be getting ahead of themselves in their ambition to
swiftly roll out new nuclear power capacity in the current push to reduce
dependence on Russian uranium and meet net-zero targets with more
nuclear-generated electricity. Most Western governments – with the
notable exception of Germany – are now betting on nuclear power to help
them with the carbon emission targets. But many may have become too
optimistic they would see a fast rollout of nuclear reactors and capacities
in an industry notoriously known for years of delays and huge cost
overruns. “Clients, governments and ourselves as the industry
players . . . we all become too optimistic,” Ian Edwards, chief
executive of Canada’s engineering giant AtkinsRéalis, told the Financial
Times.

 Oil Price 21st March 2024

https://oilprice.com/Alternative-Energy/Nuclear-Power/The-Wests-Nuclear-Power-Revival-Could-Be-Slower-Than-Hoped.html

March 23, 2024 - Posted by Christina Macpherson | business and costs