Investors tend to do the math and be pretty rational. There is no law against building more nuclear power, just no investors willing to get nuked again.
“Investors tend to do the math and be pretty rational. There is no law against building more nuclear power, just no investors willing to get nuked again.”
There are, finally, some new plants being built in the US, of the AP1000 variety.
The real hope, though, is that one or more of the new, innovative nuclear reactor companies will hit a home run with meltdown-proof, easily secured reactors delivering power at 5 cents or less per KWH. These next-gen reactors don’t require water for cooling, which really opens up the siting options. They can also use “spent” fuel from older reactors, delivering the remaining 90% of the available energy there, and eliminating a lot of existing waste.
One such company is Thorcon Power:
http://thorconpower.com/
Wind and solar won’t compete, if nuclear is allowed to play on a level field.