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New nuclear power ‘wave’ — or just a ripple?

Posted by Matt in January 22nd, 2007

Buoyed by billions of dollars in subsidies pushed through Congress by the Bush administration, the U.S. nuclear power industry says 2007 is the year its plans for a “renaissance” will reach critical mass.

“We see a wave,” said Steve Kerekes, a spokesman with the Nuclear Energy Institute, the industry’s chief lobbying arm, pointing to letters of intent by a dozen firms to seek licenses for as many as 31 new nuclear power reactors. “We definitely believe it’s going to be a whole new era of new plant construction in this country.”

Kerekes credits improvements in plant design and efficiency and the ability to operate without spewing carbon into the air — a key advantage amid mounting concern about global warming — as chief reasons for the resurgence.

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