Michele Kearney's Nuclear Wire

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

Monday, July 30, 2012

Nuclear Power Hard to Justify in Cheap Gas World: GE


Nuclear power hard to justify in cheap gas world-GE
Reuters
LONDON, July 30 (Reuters) - Nuclear power has become hard to justify as the shale gas revolution creates an abundance of natural gas that makes it the fuel of choice to back up renewables, the chief executive of General Electric told the Financial Times on ...
 

GE Chief: Nuclear 'hard to justify'

CNN - ‎11 hours ago‎
(Financial Times) -- Nuclear power is so expensive compared with other forms of energy that it has become "really hard" to justify, according to the chief executive of General Electric, one of the world's largest suppliers of atomic equipment.
 

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