Monday, January 29

Does nuclear power now make financial sense?

On Sept. 16, 1954, in a speech to a group of science writers, Adm. Lewis L. Strauss, then head of the agency now known as the Nuclear Regulatory Commission, made a bold prediction. The potential for peaceful uses of nuclear energy was so great, he said, that electricity produced by nuclear power plants would one day be “too cheap to meter.” Over the coming decades, the economics of nuclear power turned out to be more problematic. [click here for full article]

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