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nuclear economics

nuclear economics

As the search for energy sources that reduce harm to the environment continues, Edward Kee’s article takes a brave step forward to identify the positive aspects of nuclear power.  Earlier this week (on 11 August 2015), the Sendai 1 nuclear power reactor was restarted and will be the first Japanese reactor to generate power since 2013. Another 20 Japanese nuclear power reactors are in various stages of the restart process, which requires nuclear safety regulator certification that they meet upgraded…
  During the height of the pandemic in 2020, Edward Kee took the time to write a book on the failure of the nuclear power market, how nuclear energy is the most sensible energy alternative, and what market failure means for this industry. The biggest threat faced by nuclear power is from a market approach to the electricity industry. Electricity industry reforms have led to the early closure of existing nuclear power plants and stopped new nuclear power development. In…
  Edward Kee shares news on the current nuclear energy situation in the US with insights on the deregulated electricity market and the energy subsidy policy. Government energy subsidies are standing in the way of a clean US electricity system — and US nuclear. Nuclear power in the United States is struggling, with well-maintained plants closing early and few new projects in the works.  At the heart of these struggles lies a failed gamble: regulators and policy makers bet that…
Edward Kees provides the commentary from consultation on the Regulated Asset Base (RAB) model for new nuclear power plant investment in Great Britain. The challenges of delivering new nuclear power plant (NPP) investment in the reformed electricity industry in Great Britain are significant and there is no simple or easy approach to resolve those challenges. The RAB model may be a useful tool if properly developed and implemented, but: -Is complex and may be difficult to implement; -May not clearly…