The Conversation (0)
As uranium prices rise and the cost of electricity falls, more nuclear plant shutdowns in the USA are imminent.
As uranium prices rise and the cost of electricity falls, more nuclear plant shutdowns in the USA are imminent.
According to Bloomberg:
U.S. plants, which consume 28 percent of the world’s nuclear fuel, are struggling to stay profitable after a 70 percent drop since 2008 in natural gas, a competing fuel for power generation. Available supplies have tightened after a Russian treaty to process uranium from warheads expired last December and miners slowed or delayed expansion plans.