Best to go Nuclear in the BRICs

February 12, 2013 15:08 by Bill Conway in Energy, Regulation  //  Tags:   //   Comments (0)

Considering 44 of the 50 nuclear facilities under construction are being built in the BRICs, do we need to rethink the way we regulate new nuclear plants in America?  Utility companies have long argued for the inclusion of construction related costs in rates, but this has been resisted in many jurisdictions.  Duke Energy’s recent announcement that it will retire a nuclear power plant in Florida rather than pay the repair bill, casts doubt over the role of the nuclear power industry as we have know it in this country. 

 

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