The once-vilified US nuclear power industry is making a comeback. Demand for electricity continues to rise and fast-growing regions like the South and Southwest need more base-load generating capacity. Since the early 1990s, the overwhelming majority of capacity additions relied on what was then cheap and abundant natural gas for fuel – only to face higher costs when the price of gas soared. Renewables can't meet the growing demand alone, so utilities are turning back to nuclear and coal.
The week on Risk.net, March 10-16 2018Receive this by email