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Tuesday, June 20, 2017

Energy security

Does Nuclear Energy Have a Future in the United States? 

In May, the U.S. Energy Information Administration released a daily energy briefsummarizing the current and future state of nuclear energy production in America. According to the EIA, nuclear’s share of the nation’s electricity generating capacity will drop from 20 percent to 11 percent by 2050. That decline coincides with a predicted growth in electricity demand of up to 92 percent—nearly doubling current consumption—over the same period.
Nuclear-powered plants can produce reliable, base-level electricity—typically generated by fossil fuels—with zero carbon emissions. Engineering innovations have resulted in advanced nuclear reactors that are much safer, more efficient, and more affordable than reactors currently in use. Such technology should have a promising future as a part of the U.S. energy portfolio. Unfortunately, regulatory requirements here at home have driven the cost of bringing new reactor technology to market so high that power companies are instead lobbying for billions in subsidies to keep decades-old technology in operation.

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