Wednesday, September 12, 2007

The Economist Promotes Nuclear Power

By Joseph Kellard

While I’ve yet to read any of these articles, I find it encouraging that The Economist is reporting on nuclear power in a seemingly positive light.

“… Now nuclear power has a second chance. Its revival is most visible in America (see article), where power companies are preparing to flood the Nuclear Regulatory Commission with applications to build new plants.”

“OVER the next few months America's Nuclear Regulatory Commission (NRC) expects to receive 12 applications to build new nuclear-power reactors at seven different sites. It is preparing to see plans for another 15 at 11 more locations next year. These will be the first full applications to build new nuclear plants in America for 30 years. If they are all successful, the number of reactors in the country will increase by roughly a third. The output of nuclear electricity would grow even more sharply—the new reactors would be more powerful than older ones. The new enthusiasm for building reactors means America's long-awaited “nuclear renaissance” is about to become reality.”

“OVER the next few decades global electricity consumption is expected to double. At the same time, many power plants in rich countries, built back in the 1960s and 1970s, are nearing the end of their projected lifespans. Meanwhile, concern is swelling both about global warming, and about the Western world's increasing dependence on a shrinking number of hostile or unstable countries for imports of oil and gas. The solution to this conundrum, in the eyes of many governments, is nuclear power.”

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