Is Nuclear Power On The Verge Of A Big Comeback? RSS Feed

Is Nuclear Power On The Verge Of A Big Comeback?

Nearly 50 companies, with more than $1.3 billion in private capital at their disposal, are working toward developing new nuclear power plants in North America, according to a new report.

Third Way, a self-described moderate think tank, argued that the private financial support will enable advances in nuclear power that rival changes in renewable energy and fracking over the past decade.

“Nuclear power is on the cusp of a comeback,” the group said.

The group’s analysis found projects in 20 states and three Canadian provinces, with many creating advanced reactors that are “safer, more efficient and need a fraction of the footprint” of current nuclear plants.

Read full story at Manfacutring.net