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Future of Nuclear Energy

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Submitted By disgruntledelv
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The United States nuclear energy sector stands at a crossroads. We have the opportunity to resume construction of new nuclear plants, revive a once-vital nuclear supply chain, explore and deploy new technologies and reclaim our place as a global leader in the production of nuclear energy. If we do, this nation will reap the benefits: abundant, emissions-free baseload electric power and process heat for industry and substantial economic growth. Additionally, the
United States will reestablish its leadership in global nuclear energy and nonproliferation policy, which is directly related to the credibility and vitality of our own nuclear industry.
But the rebirth of the American nuclear industry is not guaranteed. The lead times are long, and the costs of building new plants and developing new technologies are high. The various private sector firms that will ultimately decide the future of nuclear energy—through what they design, finance, purchase and build—all must consider the complex economics of such huge investments. This is made all the more difficult in the face of substantial uncertainties about broad government policies, specific regulatory actions and the price and availability of other energy sources.
Indeed, the future of nuclear energy is dependent upon an interwoven set of decisions made by both the public and private sectors. On the one hand, private industry cannot act without clear, stable policies and active involvement from the government; on the other, the policy goals of the government cannot be achieved without private sector action.
This paper, the New Millennium Nuclear Energy Summit, and subsequent working groups are providing forums for private industry, government and
NGOs to develop a common understanding and vision for a near-term and multi-decade strategy to ensure that nuclear energy is a vital

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