Could a new entrepreneurial portfolio approach help break through the nuclear fusion barrier?We wanted to know what it would take to “reinvent nuclear power.” Soon enough, though, it became clear that it would not be enough to reinvent the future of nuclear power; if we don’t want to make the commitment to finance and run the mature and already depreciated light water nuclear reactors of today effectively, we won’t have the option to make that choice tomorrow.
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This not only has reduced our imports but also given us the flexibility in our production that makes price fixing cartels such as OPEC weak.
Prices are falling too, not just in the well known oil and gas sectors, the result again of American ingenuity and relentless commercialization efforts in fracking and horizontal drilling, but in new energy technologies as well.
Nuclear power alone will not solve our energy problems. This is the crux of our concerns and why we are offering this book.
It describes the challenges nuclear power is facing today and what might be done about them.
Perhaps surprisingly, nuclear power production actually releases one hundred times less radiation into the surrounding environment than does coal power.
Overall, with a long track record, the rate of human injury caused by nuclear power production is the lowest of any power generation technology, including renewable resources.
But here are some facts: We know that our country’s dominance in civilian nuclear power has been a key part of America’s ability to set norms and rules not just for power plants in less stable places around the world but also for the control of nuclear weapon proliferation.
We know that it’s an important technology-intensive export industry too: America invented the technology, and the United States today remains the world’s largest nuclear power generator, with nearly a quarter of global plants (more if you count the hundred power reactors aboard our navy ships at sea).
Nothing in energy happens in isolation, so nuclear power should be viewed in its larger context.
In fact, we are in a new energy position in America today. New supplies of oil and gas have come online throughout the country.