A Coming Bear Market for U.S. Electricity Sales?

Economic forecasters and business professionals alike are increasingly alarmed by the broad weakness of the U.S. economic recovery.  Forecasters in many sectors frequently highlight the “lost decade” of the Japanese economy following that nation’s stock market and real estate crash of the early 1990’s, and they openly wonder about parallel patterns in the U.S. and about the implications...

Introduction to Nuclear Fusion

Inertial Confinement Process As the debate around the viability of nuclear power continues, particularly as the reality of the limitations of renewable energy sources become better understood, the advantages of fusion become ever more apparent: Abundance of the primary fuel, deuterium, which is one of the hydrogen isotopes. It can be readily extracted from seawater and tritium, another of the...

Introduction to Nuclear Power

Nuclear Power Plant The controversy surrounding nuclear power is the combined result of pragmatic concerns regarding nuclear waste, the potential consequences of accidents (such as Chernobyl and Three Mile Island), and uneducated / irrational views of a pending nuclear incident of the magnitude of Hiroshima and Nagasaki. Despite its controversy, nuclear power is being reexamined in the context of...

Nuclear Power’s Role in Reducing Carbon Dioxide Emissions

Reducing CO2 Emissions is a Desirable Goal Regardless of one’s view of the significance or even existence of global warming, few dispute the notion that the reduction of carbon dioxide (CO2) emissions is both desirable and necessary from an environmental stewardship perspective. Recognizing that the generation of electricity from fossil fuels (e.g. natural gas and coal) is a major source in CO2...

Nuclear Power – Part of the Solution

Nuclear Power – Safe, Clean, and Efficient Electricity Despite the controversy which often surrounds nuclear power, it remains a vital part of the solution in generating safe, clean, and efficient electricity: Among its many environmental friendly attributes, nuclear power produces no controlled air pollutants or greenhouse gases, contributing to clean air, addressing concerns around...

Potential Barriers to the Rebirth of Nuclear Power

With the recent offer of federal loan guarantees to the Southern Company to build two new nuclear reactors and plans to expand these federal loan guarantees by a factor of seven as part of a comprehensive energy policy, the electric power industry is taking a huge step toward introducing a new generation of nuclear power plants. Recognizing that it has been almost 40 years since the last nuclear...

Nuclear Power – Fuel Cycle Options

Fuel Cycle Choice is a Critical Decision As the electric industry moves towards a rebirth of nuclear power one of the more critical decisions will involve choices around the nuclear fuel cycle. These choices will include: Type of fuel, Type of reactors, and Spent fuel storage and/or disposal These decisions will have a direct bearing on the four challenges that need to be overcome to include...

The Economics of Nuclear Power

Nuclear Power Fails Initial Economic Tests Nuclear Power Station Nuclear energy has the potential to return to the forefront as an acceptable solution to the environmental challenges posed by pulverized coal and natural gas combined cycle plants. To do so, it must surpass the performance characteristics of forms of renewable energy and gain public acceptance. Some of the actions will be necessary...

Nuclear Energy and the Environment

Many electricity consumers would like to believe that the solution to providing clean electrical energy is to simply add scrubbers to the stacks of fossil-fired plants and ultimately replace these plants with renewable sources of electricity (e.g. wind and solar). The vast scope of the capacity of the fossil-fueled plants that supply more than 60 percent of the U.S. electricity output and current...

Public Perceptions of Nuclear Power

Nuclear Power Provides an Imperfect Solution Nuclear Power Station Almost 40 years have passed since a U.S. electric utility last broke ground on a new nuclear power station. Despite this rather extended passage of time, the seemingly slow introduction of attractive alternative renewable energy technologies, a heightened interest in energy independence, and a greater appreciation for the need to...