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The second nuclear ERA: A nuclear renaissance

Author

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  • Weinberg, Alvin M.
  • Spiewak, Irving
  • Phung, Doan L.
  • Livingston, Robert S.

Abstract

The growth of nuclear power has come to a halt in the United States because of slow electricity load growth, high costs, and public opposition based on concerns about radiation. Analyses are presented of current trends in reactor safety and economics: these show that public risks are very low and being reduced, while costs are still increasing. Future markets for conventional light water reactors appear to be limited by investor risk and uncertain capital costs. The development of inherently safe reactors, such as the Swedish PIUS concept or the modular HTGR, is recommended as a means of reducing risk and regaining public acceptance.

Suggested Citation

  • Weinberg, Alvin M. & Spiewak, Irving & Phung, Doan L. & Livingston, Robert S., 1985. "The second nuclear ERA: A nuclear renaissance," Energy, Elsevier, vol. 10(5), pages 661-680.
    • Handle: RePEc:eee:energy:v:10:y:1985:i:5:p:661-680
    DOI: 10.1016/0360-5442(85)90098-2
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