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It's been over thirty years since any electric utility has attempted to build a nuclear plant. The last few that were built had so much litigation attached that the build time was doubled or tripled. Due to the time value of money, the cost of construction also doubled or tripled. This is the reason no utility has attempted to build one for so long. Although the political climate has changed, I'm not so sure the legal climate has. Without some sort of fasttrack way of getting these things built, it's not likely any utility company will be very eager to get involved in a nuclear project.That we start building large base-load nuclear generation facilities immediately, I consider vital to our energy and economic security.
It's been over thirty years since any electric utility has attempted to build a nuclear plant. The last few that were built had so much litigation attached that the build time was doubled or tripled. Due to the time value of money, the cost of construction also doubled or tripled. This is the reason no utility has attempted to build one for so long.
Although the political climate has changed, I'm not so sure the legal climate has. Without some sort of fasttrack way of getting these things built, it's not likely any utility company will be very eager to get involved in a nuclear project.
That we start building large base-load nuclear generation facilities immediately, I consider vital to our energy and economic security.
