Nuclear power is no longer an economically viable source of new energy in the United States, the freshly-retired CEO of Exelon, America’s largest producer of nuclear power [who also served on the president’s Blue Ribbon Commission on America’s Nuclear Future], said in Chicago Thursday.
And it won’t become economically viable, he said, for the forseeable future.
“I’m the nuclear guy,” Rowe said. “And you won’t get better results with nuclear. It just isn’t economic, and it’s not economic within a foreseeable time frame.”
U.S. News and World Report notes:
After the Fukushima power plant disaster in Japan last year, the rising costs of nuclear energy could deliver a knockout punch to its future use in the United States, according to a researcher at the Vermont Law School Institute for Energy and the Environment.