Can nuclear succeed in liberalized power markets?
There are 69 reactors under construction today – the largest number in 25 years – but only one is in a liberalized electricity market, writes Edward Kee.
In the USA, two nuclear power plants operating in liberalized electricity markets recently closed for financial reasons. Other operating nuclear power plants in liberalized electricity markets face similar issues and may also retire early. Moreover, all new nuclear power projects in U.S. liberalized electricity markets are on hold or have been cancelled.