Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« After Trump's Paris exit, what about nuclear? | Main | Britain's on the brink of a small-scale nuclear reactor revolution »
Wednesday
May312017

Fragile future for US nuclear power

The Three Mile Island nuclear installation is set to close 40 years after a partial meltdown

No one died, there were no direct health impacts, but the Three Mile Island (TMI) nuclear accident burned so deeply into the US psyche that it has helped limit the future use of the power source across America.

A major factor in turning the accident into a "disaster" was timing. Just 12 days before the 1979 accident that saw a partial core meltdown at one of the two reactors at the Pennsylvania plant, The China Syndrome was released in cinemas across the US.

The film's plot centred on a major safety issue at a California nuclear plant. It was a spooky backdrop to the worst real world nuclear accident in US history.

While citizens were frightened by TMI, so too were investors. The accident happened after just three months of commercial operation causing the plant owner to go bankrupt. The whole clean up effort took 14 years and cost almost $1bn.

In the wake of TMI, demand for nukes fell through the floor. The Watts Bar plant in Tennessee, the first new nuclear installation in the US, became operational in 2016, two decades after the previous one.

read more...

Still quiet on the uranium front...

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

 

 

 


 

Winners of the GoldDrivers Stock Picking Competition 2007 

 

 

 Follow us on TWITTER @goldprices

 

 


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>