Federal loan guarantees for new nuclear power will be increasingly difficult to obtain, the head of the Nuclear Energy Institute says, limiting development of new plants over the next decade to those states that permit costs to be passed through directly to customers.
The four to eight new nuclear power plants planned for the 2016-2020 time frame will go forward, NEI president and CEO Marv Fertel told Breaking Energy, but development of the “hundreds” of new facilities required to replace retiring units and power growing electricity demand will be delayed to the 2020-2050 period. Keep reading →