Fukushima accident will cut nuclear growth by half, says Areva CEO

The Chattanooga Times Free Press reported today:

The aftershocks from the March earthquake that crippled Japan’s Fukushima nuclear plant are still rumbling across the global nuclear power industry, cutting in half previous projections about the number of new reactors to be built in the next two decades, a top industry leader said today.

Luic Oursel, chief executive of the French nuclear giant Areva, said he still expects a 50 percent increase in nuclear power generation around the globe by 2030. But two years ago, Areva expected the number of reactors to double by 2030.

Oursel was visiting the site of the partiially-built Bellefonte nuclear plant. The Tennessee Valley Authority has hired Areva to conduct engineering and design work on the Alabama facility.

Link: http://timesfreepress.com/news/2011/sep/15/japan-accident-cuts-nuclear-power-growth-half/?breakingnews

 

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About Robert Singleton

By day, I work for a call center. In my spare time, I try to save my hometown (and planet) from a nearly constant onslaught of greedheads, lunatics and land developers. I live in a fictional town called Austin, Texas, where I go to way too many meetings.
This entry was posted in Expansion, Finance, Japan, Reactor problems and tagged , , , , . Bookmark the permalink.

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