Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Exelon Official: No New Nuclear Plants To Be Built in the U.S.
https://www.usnews.com/news/national-news/articles/2018-04-16/exelon-official-no-new-nuclear-plants-to-be-built-in-the-usA SENIOR OFFICIAL WITH America's largest nuclear plant operating company is predicting a dim future for nuclear power in the U.S.
William Von Hoene, senior vice president and chief strategy officer at Exelon, said last week that he doesn't foresee any new nuclear plants being built in the United States due to their high operating costs.
"The fact is - and I don't want my message to be misconstrued in this part - I don't think we're building any more nuclear plants in the United States. I don't think it's ever going to happen," S&P Global quoted Van Hoene as saying at the annual U.S. Energy Association's meeting in Washington, D.C. "I'm not arguing for the construction of new nuclear plants. They are too expensive to construct, relative to the world in which we now live."
If the existing nuclear units in the U.S. can continue to operate and the technology can be developed to store energy created by renewable resources, despite the current economic issues, "then we won't need" new nuclear units and "we won't build them because they'll be too expensive," he said.
<more>
