How Can We Halt The Reverse Great Bandwagon In Nuclear?
…ollars/year for every 1000 MWe of capacity. The era that former Exelon CEO John Rowe called the “golden age of nuclear” lasted from 2004-2008. It came to an abrupt halt when the Great Recession reduced the demand for natural gas just as production from hydraulic fracturing and horizontal drilling began to come online. The resulting imbalance between supply and demand produced an oversupply that was enough to crash the price by about 75% to about $…