New Nuclear Plant Soon

Aron Schatz
September 27, 2007

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There will be a new nuke plant in South Texas soon. This will be the first in 30 years.


Armed with the backing of the White House and congressional leaders-and subsidies, such as $500 million in risk insurance from the U.S. Department of Energy- the nuclear industry is experiencing a revival in the U.S. As many as 29 new reactors may be added to the current U.S. fleet of 104, according to Bill Borchardt, director of the Nuclear Regulatory Commission's (NRC) office of new reactors. "It is going to be significantly different than it was in the 1970s," he says.


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