As the industry struggles, is it 'time to recognize the nuclear show’s over'?
Wednesday, April 19, 2017 at 10:21PM
Uranium Stocks

There was a time when nuclear power was considered to be the bulwark of America's energy future.Now the titan appears to be teetering.

Westinghouse Electric Co. — long considered the leader in nuclear power development — filed for bankruptcy protection in late March. The move puts in jeopardy the completion of two nuclear plants in the Southeast that had been heralded as proof the industry’s future was still vibrant.

The news added to a long list of nuclear’s woes:

Within hours of the Westinghouse announcement, some industry opponents pounced.

The group Beyond Nuclear sent out a tweet concluding: “Time to recognize the nuclear show’s over.”

Damon Moglen, senior strategic adviser for Friends of the Earth, said: “It’s really the death rattle of the nuclear industry.”


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Maybe this sort of reporting is indicative that we are very close to the bottom.....

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