Bloomberg BNA: New nuclear reactor technology such as NuScale Power LLC’s small modular reactors and government support for existing nuclear power plants won’t be enough to rescue the declining nuclear power industry, according to new research. “Right now, the cost of generating electricity from newly constructed nuclear plants is almost double the cost for power from a new natural gas combined-cycle plant,” “In the absence of a dramatic change in market conditions, political will, and substantial subsidies, there is virtually no chance that the United States will be able to undertake the construction of additional large LWR (light water reactor) power plants in the next several decades.”
