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Nuclear Power Cannot Compete with Cheap Shale Gas

2013-02-19 21:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Nuclear power stations in Canada and the United States are closing because they cannot compete with cheap power being produced from shale gas. This revolution in the way North America produces its electricity is sending shock waves through the nuclear industry in Europe too. New nuclear build will be spectacularly uneconomic if a fracking industry is successful in the United Kingdom. Gas prices would tumble as they have across the Atlantic. Even the existing nuclear stations in France, Belgium...

Tags: power gas cheap nuclear

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