Source:
ReutersJapan quake not seen slowing U.S. nuclear revivalFri Jul 20, 2007 5:12PM EDT
By Bernie Woodall
LOS ANGELES (Reuters) - A resurgence of nuclear power in the
United States likely won't be stalled by this week's earthquake
in Japan that shut the world's largest nuclear plant, industry
watchers said.
-snip-Within a decade, a U.S. nuclear power renaissance is expected to
be in full swing. No U.S. nuclear power plants have been ordered
since 1978, the year before the Three Mile Island accident in
Pennsylvania.
"The incident in Japan will enter into the debate, but the
fundamentals that led to the nuclear resurgence are still strong.
Nuclear power will remain an important piece of the power
equation," said Junaid Chida, a partner at the law firm of Dewey
Ballantine, which specializes in project finance.
Those fundamentals include the desire of federal, state and local
politicians as well as utilities to make the emissions-free energy
that nuclear power provides. Also, after an estimated $3 billion
to $4 billion to bring a new reactor on line, it will make
relatively cheap, reliable baseload power.
-snip-Read more:
http://www.reuters.com/article/scienceNews/idUSN2027123620070720