What stopped the nuclear industry? Not TMI.->
Submitted
by
mdsolar
mdsolar writes "The nuclear industry faced big challenges even before TMI: of all reactors canceled, 40% of were abandoned before 1979. The interlinked issues of declining demand growth, high interest rates, nuclear industry structural problems, changing public perceptions, and the rise of alternative means of acquiring utility resources all had powerful effects on the viability of the nuclear enterprise. It is therefore not correct to conclude that the Three Mile Island accident was the sole or even the most important factor leading to the difficulties the US industry has faced. The accident clearly had some effect on reactors then under construction, but we are convinced that the other factors we list above were in the aggregate more important than TMI in their effect on the likelihood of new nuclear orders in the post-TMI period.
–Jonathan Koomey and Nate Hultman"
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–Jonathan Koomey and Nate Hultman"
Link to Original Source