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The Impacts on Nuclear Power

Categorized Under: Energy

 

 

Nuclear energy is encouraged in the Energy Act. Tax credits and loan guarantees are provided for thousands of megawatts and could substantially lower the cost of those plants to consumers. Provisions for nuclear energy research and development demonstrate a renewed commitment from the U.S. Federal Government to next-generation facilities. Public opposition will inevitably accompany any proposal to build new nuclear facilities, but those concerns will be handled through the Nuclear Regulatory Commission's (NRC) streamlined licensing process. As with all power plants—especially nuclear ones—security issues will loom large.

Insight Details

Published: Jan 1, 2005
Source: ICF International
 
 
 
 

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