US new build plans delayed

- September 17th, 2010

World Nuclear News reports on new nuclear build plans in the US have been delayed. Speaking in London at the Annual Symposium of the World Nuclear Association, NEI President and CEO Marvin Fertel told the meeting that the economic downturn, along with a decline in the price of natural gas, has caused forward power prices to […]

World Nuclear News reports on new nuclear build plans in the US have been delayed.

Speaking in London at the Annual Symposium of the World Nuclear Association, NEI President and CEO Marvin Fertel told the meeting that the economic downturn, along with a decline in the price of natural gas, has caused forward power prices to fall to levels well below those previously predicted. The country now faces a similar situation to the past 15 years, during which time 320 GWe of gas-fired plant capacity was built, compared with a total of only 20 GWe of capacity from all other forms of generation. “Gas is going to be the dominant part of the new supply source,” Fertel said.

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