Source: How did the US nuclear industry fare in 2022? | Canary Media
Nuclear plants big and small are getting support from the feds. Still, problems persist — TerraPower can’t source fuel, Oklo and NuScale are tangled in red tape, and more.
28 December 2022
The U.S. nuclear power market continued to sputter in 2022 as it faced regulatory, technical and financial setbacks — despite solid support from the federal government.
This mirrors the global nuclear scene; plant closings and construction delays have resulted in nuclear falling to just 9.8 percent of global power generation in 2021, its lowest level since the 1980s, according to the World Nuclear Industry 2022 annual report.
The United States generates more nuclear power than any other country in the world, with about 95 gigawatts of capacity, followed by China, but construction of new plants has been plagued by cost and schedule overruns, as well as an inability to keep up with the plunging costs of natural gas and renewable energy sources. Still, nuclear power provides a crucial 20 percent of U.S. electricity from the 92 light-water reactors that were built in a seemingly unreplicable construction binge in the 1970s and ‘80s.
Leave a Reply