After delay, U.S. builds four new nuclear reactors

Kate Davidson Mar 11, 2014
HTML EMBED:
COPY

After delay, U.S. builds four new nuclear reactors

Kate Davidson Mar 11, 2014
HTML EMBED:
COPY

It’s been three years since the Fukushima disaster prompted Japan to try weaning itself from nuclear power, though that’s a position it now seems poised to reverse. In the U.S., four new reactors are under construction after a long lull.

Don’t call it a nuclear renaissance: The economics of nuclear power are a tough sell, especially in a time of cheaper natural gas.

“The idea that public fearfulness or the resistance of environmental groups is what killed nuclear power in the U.S. has always been nonsense,” says Peter Bradford, a former member of the Nuclear Regulatory Commission.

Bradford says nuclear plants are expensive to build and hard to finance. Plus, electricity demand is lower than expected.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.