Jul 30, 2014

Boom-or-Doom Riddle For Nuclear Industry

The nuclear industry remains remarkably optimistic about its future, despite evidence that it is a shrinking source of power as renewables increasingly compete to fill the energy gap. LONDON, 26 July, 2014 − The headline figures for 2014 from the nuclear industry describe a worldwide boom in progress, with 73 reactors presently being built and another 481 new ones either planned or approved. The World Nuclear Association (WNA) official website paints a rosy picture of an industry expected to expand dramatically by 2030. It says that over the period 1996 to 2013 the world retired 66 reactors, and 71 started operation. Between now and 2030, the industry expects another 74 reactors to close, but 272 new ones to come on line. This represents a much larger net increase in nuclear electricity production than the basic figures suggest because most of the newer power stations have a bigger capacity than those closing down. Pipe dream Detractors of the industry say that these projections are a pipe dream and that nuclear power will not expand at that pace, if at all, and that solar and wind power will grow much faster to fill the energy gap. 
Please continue reading from:   Boom-or-Doom Riddle For Nuclear Industry