Australian Rare Earths

Australian Alternative Energy Forum


Not Really a Forum, more of my memory aid.


Comments on this forum should never be taken as investment advice.


Go Back   Alternative Energy Forums > Alternative Energy Discussion > Nuclear

Reply
 
Thread Tools Display Modes
  #1  
Old 10-08-2013, 08:37 AM
Sparty Sparty is online now
Administrator
 
Join Date: Mar 2009
Posts: 1,734
Default Future of nuclear in the USA

The fate of nuclear power in America is tied to the national economy. A return to growth will spur renewed interest in nuclear generation, according to Michael Rencheck, Areva chief executive officer.

ENERGYBIZ: What is the future of new nuclear power construction in the United States?

Rencheck: There are five plants being built today for the first time in 30 years. Southern Company is building two Vogtle units in Georgia. SCANA is building two Virgil C. Summer plants in South Carolina. The Tennessee Valley Authority is completing construction on Watts Bar 2.


ENERGYBIZ: Will more units be built after these five?
Rencheck: Electric demand is down. It hasn't recovered anywhere close to pre-recession levels. Shale gas is now capping market prices. Additionally, about 20 to 30 gigawatts of coal are coming out of production. In unregulated power markets, you don't really see a whole lot of plants being built. Until the economy and demand recover, you are going to see a very sluggish growth for new plant additions of any type of technology. read article

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 07:29 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.