Fukushima hastens the existing decline of the nuclear industry
Before Fukushima, a “nuclear renaissance” — as it was termed in the press — seemed well underway, except for this point: Nuclear power, as a total of world energy supply, has been in steady decline for the past decade.
Japan: The ‘nuclear renaissance’ that wasn’t | Finance Business News, CNN) 11 April 11, — A month after a devastating earthquake sent a wall of water across the Japanese landscape, the global terrain of the atomic power industry has been forever altered.The ongoing drama at the power plant in Fukushima — a name now ranked alongside Three Mile Island and Chernobyl as history’s worst nuclear accidents — has erased the momentum the nuclear industry has seen in recent years……
Before Fukushima, a “nuclear renaissance” — as it was termed in the press — seemed well underway, except for this point: Nuclear power, as a total of world energy supply, has been in steady decline for the past decade.
From 2000 to 2008, nuclear energy dropped from 16.7% to 13.5% of global energy production, according to the World Nuclear Industry Status Report 2009. The 2010-11 preliminary report, expected to be released Wednesday, will show the downward trend has continued, according to study author Mycle Schneider. While nuclear energy production has steadily increased, its piece of the global electricity pie is shrinking compared to traditional sources such as coal and alternatives like wind and solar power…
Japan: The ‘nuclear renaissance’ that wasn’t | Finance Business News
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