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Nuclear Power vs. Natural Gas via The New York Times

…

Southern’s enthusiasm for nuclear exceeds that of almost every other utility.

John W. Rowe, the chairman of Exelon, the nation’s biggest nuclear utility, had said that he would not build a new reactor at today’s natural gas prices. Referring to the geologic formations from which natural gas is extracted, he said in a recent speech, “Shale is good for the country, bad for new nuclear development.”

“There must be a shortage of natural gas and stable high prices to make the economics right, ‘’ he said of nuclear power in a speech to a nuclear group.

And the Union of Concerned Scientists, a group that is generally critical of nuclear energy, argues that new reactors will be more expensive than other “readily available alternatives, including energy efficiency, renewable energy and natural gas.”

Read the entire article at Nuclear Power vs. Natural Gas

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By yukimiyamotodepaul – 2012/02/11

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