The nuclear industry in the United States is on the decline. Although nuclear has garnered a hefty number of headlines and support from pundits on both sides of the political spectrum in the past months, nuclear still is not favored or even trusted by most constituents in the United States, and nuclear power was very tellingly left out of the clean energy strategy laid out by the Democratic Party’s Green New Deal fact sheet. While nuclear does hold a lot of promise as part of a solution to combating climate change and decreasing the United States’ carbon emissions, it also has a fair amount of drawbacks. Constructing new nuclear power plants is extremely cost prohibitive, especially when forced to compete with the incredibly cheap and abundant natural gas currently flooding U.S. markets, as well as wind and solar power, which become cheaper and more efficient with each passing year. In addition to hefty construction costs, nuclear accidents, while extremely rare, are also massively expensive and challenging to clean up and remediate–on top of their other obvious catastrophic consequences. Also working against nuclear energy in the U.S. is widespread public mistrust of nuclear energy, thanks in large part to accidents like Dauphin County, Pennsylvania’s 1979 Three Mile Island accident. And then there is a fair amount of political adversity, not to mention the mega-powerful lobbies behind more traditional forms of energy in the United States.
Oil Price 21st May 2019 read more »
US needs new approach to advanced reactor demonstration, report says. The US Department of Energy (DOE) should learn from the legacy of the NASA commercial orbital transportation services (COTS) programme to return the USA to a leadership role in nuclear energy, the Nuclear Innovation Alliance (NIA) says in a report issued today.
World Nuclear News 21st May 2019 read more »