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Return of the Reactor
ASEE Prism, Jan 2008 by Grose, Thomas
ENERGY
IT'S BAAAACK: nuclear power. NRG Energy of Princeton, NJ., recently became the first power company in nearly 30 years to file an application with the Nuclear Regulatory Commission (NRC) to build a new reactor. NRG plans to add two reactors, capable of generating 2,700 megawatts of power, to two existing ones at its South Texas Project plant. "It is a new day for energy In America," said NRG CEO David Crane, noting that nuclear power offers the only large-scale, viable alternative to greenhouse-gas-spewing fossil fuel plants.
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That was the rationale behind a 2005 act that subsidizes the costs of building nuke plants. Ergo: The NRC says It eventually expects applications to add another 29 plants to the existingl04 sites in the U.S. High construction costs, delays and the nuclear-plant accidents at Three Mile Island In 1979 and Chernobyl in 1986 killed the nuclear power industry. And critics say all the old issuessafety, cost, and the difficulty In disposing of radioactive wastes-remain unsolved.
NRG wants to start construction in 2010 and go online by 2015. But the nonpartisan Congressional Research Service reckons that the government approval process could take 15 years.-TG
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Most Popular Articles in Reference
- The importance of understanding organizational culture
- Credit card attitudes and behaviors of college students
- What factors attract foreign direct investment?
- Libraries Need Relationship Marketing - mutual interest marketing concept, ...
- How to set performance goals: employee reviews are more than annual critiques
- More »