The Nuclear Energy Institute (NEI), the peak nuclear industry lobby group in the U.S., is an enthusiastic promoter of the idea of a "nuclear renaissance." NEI publishes NEI Nuclear Notes, a blog linking to stories hyping the prospects for an expanded role for nuclear power in a carbon-constrained world. However, a recent profile on the financial prospects of the French nuclear company, EDF, doesn't rate a mention. With plans for 11 new reactors -- four in Britain, four in the U.S., two in China and one in France -- EDF figures highly in the nuclear industry's growth plans. (EDF is also a part of a consortium wanting to build four reactors in Italy and another in the United Arab Emirates.) However, The Economist reports that "to the dismay of advocates of a nuclear renaissance, the cost and complexity of embarking on several big projects at once is weighing on the firm, despite its size and government backing."
Posted by Bob Burton on November 26, 2009