The formation of a group of high-profile advocates from past Democratic and Republican administrations plus the President Obama mandate to cut heat-trapping pollutants offers the nuclear industry an uncommon chance to re-emerge as one of this country premier fuels used for electric generation. The push here is to re-brand itself, although there is no need to do so, as a climate-friendly energy source that should be green-lighted for a major expansion in the United States. The logic goes something like this. By 2050, world population will grow 40 percent from today's levels and demand more energy per person than today (where an estimated 1.3 billion people are without any electricity). Demand for power will double or even triple.
Nuclear power can fill much of that gap. Although facilities are costly to build, the return on investment is sufficient to make such a venture acceptable. Once built, nuclear plants produce power 24-hours a day, with far less down time than advanced coal or combined-cycle natural gas generators, and feed off an abundant fuel source, uranium.
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Managed & Built by I2M Consulting, LLC | © 2010-
Managed & Built by I2M Consulting, LLC | © 2010-