The case of USA’s Ginna nuclear plant shows that economics are killing the industry
US Nuclear Plant Would Have To Charge Double To Stay Profitable, Simply Info January 6th, 2015 Bloomberg has an interesting article about the major problem for US nuclear reactors. The economics are killing them. They blame subsidies other power generation gets (conveniently avoiding mention of the considerable subsidies nuclear power receives) and other (cheaper) power sources.
What was so startling in this Bloomberg article is that Ginna nuclear plant would have to charge consumers double the current retail power rates in order to turn a profit. This was vs. all other power sources (gas, coal, renewables)……….http://www.fukuleaks.org/web/?p=14282
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