That nuclear revival that many people hoped for? It’s not looking so good.
The latest blow came last week, when two South Carolina utilities backed away from a half-completed nuclear project in the state, after already spending $9 billion.
Nuclear is struggling, particularly in the U.S. In the second half of the show, we'll talk with Jessica Lovering, the director of energy at the Breakthrough Institute, about how to rethink nuclear. What can we learn from other industries in order to foster innovation, support advanced nuclear technologies, and push the industry to evolve faster?
We'll start the show by turning our attention to natural gas -- an abundant resource coincidentally responsible for eroding the economics of nuclear in America. Our team of analysts has been evaluating the economics of batteries versus gas peaker plants in select markets. We'll give an update on how batteries are stacking up against gas.
Recommended reading:
What the Struggling Nuclear Industry Can Learn From Boeing, SpaceX and Big Pharma: https://www.greentechmedia.com/articles/read/struggling-nuclear-industry-breakthrough-institute-trump
GE Digital Gas Plants vs. Utility-Scale Batteries: https://www.greentechmedia.com/articles/read/ge-digital-gas-plants-vs-utility-scale-batteries
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