How Nuclear Power Could Fizzle or Flourish Under President Trump
Nuclear power was once a highly profitable business to be in, but the advent of cheap natural gas, combined with increasingly competitive prices for renewable energy projects, is making it more difficult for nuclear to compete. This is especially true in deregulated electricity markets like Illinois, New York and Ohio, where half of all U.S. nuclear reactors are currently located.
But things could change under President Trump.
With a new U.S. energy policy taking shape and new set of commissioners headed to the Federal Energy Regulatory Commission (FERC), nuclear plants could soon see more favorable treatment for the low-carbon and reliable power they produce.
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