Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, April 7, 2012

What Nuclear Energy Can Do

What Nuclear Energy Can Do

Tarapur Atomic power Station near MumbaiAREVA’s Chief Commercial Officer Ruben Lazo offers some interesting thoughts and predictions:
“In two years, there will be very strong demand on the [uranium] market, as new reactors start operating, and as new contracts with the existing fleet kick in. …I’m sure that Japan will restart a few reactors this year, and complete all necessary measures to restart many others in 2013 and 2014.”
and
“Responsible governments won’t tie the whole industrial and economic development of their country to a single source of energy,” Lazo said. “Manufacturers want some predictability in power prices that can’t be provided by gas, while nuclear is the only energy that can guarantee some price stability.”
Which is – true – and not often said. Lazo also says the “nuclear renaissance scenario isn’t there anymore,” which I’m not sure I agree with – there are 61 reactors under construction around the world, after all – 65 with the four here - but that’s okay. He’s providing his views and they’re pretty interesting. Read the whole article for more.

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