Nuclear power renaissance is just a myth: report

November 26th, 2007 - 2:04 pm ICT by admin  

London , Nov 26(ANI): An audit of the nuclear power industry has revealed that the rumours of the so called nuclear power renaissance might just be an exaggeration.

The report, led by Mycle Schneider and accredited by The Greens, a European parliamentary group, indicated that a number of ageing reactors are due to close before 2030, and that 338 new ones would have to be built just to replace them.

The Paris-based nuclear consultants who compiled the report argue that the industry is growing too slowly to meet this target, and may even be shrinking.

“The world has five fewer nuclear reactors operating today than it did in 2002, New Scientist quoted him, as saying.

Only 91 reactors are now being planned, and a further 32 are under construction, mostly in Asia and Eastern Europe . Construction work on 11 of those has been under way for 20 years or more.

Mycle Schneider said that the idea that nuclear power is about to experience major growth is “pure fantasy.

The industry is facing “a dramatic loss of competence, sceptical financial markets and the severe shortage of manufacturing capacity”, he added. (ANI)

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