USA’s failing nuclear industry is frantically spinning media

Killing the Competition
The Nuclear Power Agenda to Block Climate Action,  Stop Renewable Energy, and Subsidize Old Reactors, Report by Nuclear Information and Resource Center (NIRS) Sept 14 
The electric utility industry has begun an aggressive push to change energy policy in the  United States to favor nuclear power. Led by the country’s largest nuclear generators,  Exelon and Entergy, this campaign represents what would be the single largest change in  energy policy in twenty years. While their intent is to make nuclear the preferred energy  source, the changes they seek necessarily go far beyond that. They would also support  coal and natural gas-fired electricity generation, and block the growth of renewable energy and attempts to address climate change.
Exelon and Entergy see sustainable energy  solutions—renewable energy, efficiency,  conservation, etc.—as a long-term threat to

their profits. This is not because of excessive  regulations or safety requirements on nuclear  power: the industry has not had to implement  a single safety upgrade due to the Fukushima  meltdowns and faces less regulatory  enforcement than it did twenty years ago. The  closure of a record number of reactors since  2013 has exposed fundamental economic  problems facing the industry, and a growing  number of nuclear plants simply cannot  compete with modern, efficient, cost-effective
energy resources.

The industry’s campaign is an attempt to “fix”  this problem and restore the economic  viability of nuclear power for the next 20 years  or more. But in effect, these corporations  would have us sacrifice our best opportunity to create millions of jobs, revitalize our  economy, and rise to the challenge of  addressing climate change—just to keep old,
obsolete, uncompetitive nuclear reactors in business
This agenda would be unpopular at best, so  Exelon and Entergy have focused on  drumming up fears of job losses, power
shortages, and carbon emissions if some of  their unprofitable reactors were to close in the  coming years. They have only discussed their agenda in vague terms, and disclosed  particulars in piecemeal fashion.
Like the Manhattan Project that gave birth to nuclear  technology, they are counting on people not  putting the pieces together so they can see the full picture. The purpose of this brief is to  complete that picture, and enable America to  see the nuclear industry’s plan in full and to  understand the implications.
Nuclear’s Economic ProblemIn order to survive, the nuclear industry must remain economically competitive or prove that
it is necessary and should be propped up. But if uncompetitive reactors close and more of our energy needs are met by economically and environmentally sustainable solutions,  the rationales offered for producing electricity  by splitting atoms would lose relevance The industry’s economic problem is actually quite simple:
 Running nuclear reactors is becoming
more expensive as they age.
 Electricity markets generally favor the
lowest-cost energy sources.
 Energy prices have fallen to levels
lower than the costs of running
reactors.
 Energy efficiency has reduced growth
in electricity demand.
 The costs of renewable energy
sources are falling dramatically………
The industry has settled on a three-part
strategy:
 Repeal or weaken renewable energy
and efficiency programs
 Include subsidies for nuclear in carbon
reduction programs.
 Rig energy markets to guarantee

 

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