What Future Does Nuclear Power Have in an Era of Cheap Energy?

The unfinished Bellefonte nuclear plant, which was sold at auction last month for $111 million, Hollywood, Ala., Sept. 7, 2016 (AP photo by Brynn Anderson).
The unfinished Bellefonte nuclear plant, which was sold at auction last month for $111 million, Hollywood, Ala., Sept. 7, 2016 (AP photo by Brynn Anderson).
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In 2007, The Economist reported that “America’s nuclear industry is about to embark on its biggest expansion in more than a generation. This will influence energy policy in the rest of the world.” Safety, management and regulatory improvements, it predicted, would lead to an “atomic renaissance” for a nuclear energy industry hobbled for decades by the accidents at Three Mile Island and Chernobyl. The nuclear industry itself anticipated that soaring electricity demand in fast-growing developing countries and rising concerns about climate change would drive countries to take a fresh look at an industry whose safety practices appeared to have improved […]

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