Nuclear power remains a vexed issue even as pressure grows to reduce reliance on fossil fuels and cut greenhouse gas emissions. Electrical utilities stopped building coal-fired power plants more than a decade ago and are closing old ones down as quickly as possible, switching instead to natural gas, which is relatively cleaner.
Image source: Georgia Power.
The ghosts of Three Mile Island, Chernobyl, and Fukushima haunted the public and scared utilities away from building new 1,250-megawatt nuclear reactors. In addition, cost overruns and bureaucratic delays meant that few were willing to take the bet on large-scale nuclear plants.
Continue reading
Source: Motley Fool
(October 19, 2019 - 7:00 AM EDT)
News by QuoteMedia
www.quotemedia.com