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What Are The Obstacles To U.S. Nuclear Power Plant Expansion? Nov 10 Product Image

What Are The Obstacles To U.S. Nuclear Power Plant Expansion? Nov 10

  • ID: 1714089
  • November 2010
  • Region: United States
  • Standard & Poors

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Abstract
Nuclear power plant construction in the U.S. has been at a standstill for the past 14 years due to safety concerns post-Three Mile Island in 1979 and Chernobyl in 1986, and more recently because of the favorable economics for carbon-based energy production. And even though the U.S. produces more nuclear energy (798.7 billion kilowatt-hours) than any other nuclear-producing country, France is the nation most people consider when thinking of nuclear power, most likely because France uses it to the greatest degree, while only about 20% of U.S. energy production is from nuclear power (1). According to the International Energy Outlook 2010 Test Case, between now and 2035, global energy consumption will rise by 49%, much of which is expected from...

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