Nuclear ‘Renaissance’ Is Short on Largess

December 7,2010

By MATTHEW L. WALD
New York Times

The federal aid now in place for new nuclear plants is far from sufficient for the so-called "nuclear renaissance" that backers are seeking, a panel made up of members of Congress, high-ranking federal officials and leaders of major nuclear companies agreed on Tuesday.

Ground has been broken on only two new nuclear plants with a total of four reactors, and some companies have withdrawn their applications for licenses to build. "We can’t make the numbers work," said Chip Pardee, chief nuclear officer of Exelon, the nation’s largest operator of civilian nuclear reactors, who sat on a panel of 25 at a conference organized by the Idaho National Laboratory of the Energy Department and a private group called the Third Way.

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