Data: Reactor Build/Cancel Decisions Now Driven by Increasingly Costly Safety Issues, Which Are Inescapable, Growing Over Time, and Likely to be Even More Important in the Wake of Fukushima.
WASHINGTON, D.C. – NEWS ADVISORY – The cost of new nuclear reactors in the United States has risen steadily and will continue to do so since the industry cannot escape growing safety concerns that will not subside in the future, according to leading analyst Mark Cooper.
In a paper to be presented later this week at a Symposium on the Future of Nuclear Power hosted by the Dick Thornburgh Forum for Law and Public Policy of the University of Pittsburgh, Cooper will detail how inherent safety issues and related inexorable cost increases are now the biggest factor when it comes to decisions on new nuclear construction and the retirement of old reactors.
WHO:
Mark Cooper, senior fellow for economic analysis, Institute for Energy and the Environment at the Vermont Law School, and author of “Policy Challenges of Nuclear Reactor Construction, Cost Escalation and Crowding Out Alternatives” (2009).
WHEN:
1 p.m. EDT on March 29, 2012.
WHERE:
You can participate in a related live, phone-based news conference (with full, two-way Q&A) by dialing 1 (800) 860-2442. Ask for the “nuclear affordability and safety” news event.
CAN’T PARTICIPATE?: A streaming audio replay of a related news event will be available on the Web at http://www.vermontlaw.edu/
MEDIA CONTACT: Leslie Anderson Maloy, (703) 276-3256 or lmaloy@hastingsgroup.com.
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