That nuclear revival that many people hoped for? It’s not looking so good.
The latest blow came last week, when two South Carolina utilities backed away from a half-completed nuclear project in the state, after already having spent $9 billion.
Nuclear is struggling, particularly in the U.S. In this episode, we'll talk with Jessica Lovering, the director of energy at the Breakthrough Institute, about how to rethink nuclear. What can we learn from other industries in order to foster innovation, support advanced nuclear technologies, and push the industry to evolve faster?
First, we'll start the show by turning our attention to natural gas -- an abundant resource coincidentally responsible for eroding the economics of nuclear in America.
Our team of analysts has been evaluating the economics of batteries versus gas peaker plants in select markets. We'll give an update on how batteries are stacking up.
Recommended reading:
- GTM: What the Struggling Nuclear Industry Can Learn From Boeing, SpaceX and Big Pharma
- New York Times: U.S. Nuclear Comeback Stalls as Two Reactors Are Abandoned
- GTM: GE Digital Gas Plants vs. Utility-Scale Batteries
This podcast is brought to you by Wunder Capital, an award-winning investment platform that allows you to invest directly in solar projects and earn up to 8.5 percent annually. Create an account for free at WunderCapital.com/gtm.
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