Outside the United States, nuclear is entering a golden era, especially in China. There is a record building boom in current and announced plants, including more than 225 plants in China alone. Costs are being driven down to exceptionally affordable levels. Best practice current nuclear plants deliver costs of $0.05/kwh versus the average U.S. electric bill of $0.14/kwh. Most impressively, technology is rapidly evolving to safe, low-waste fourth-generation technology, or GEN IV, expected to be commercialized by 2030.
According to the U.S. Department of Energy , GEN IV high-temperature, low-pressure plants “offer impressive safety features and can be easy to […]
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