After several decades of widespread stagnation, nuclear power is attracting renewed interest. New license applications for 30 reactors have been announced in the United States, and another 160 are under construction or planned globally. In the United States, interest appears driven, in part, by tax credits, loan guarantees, and other incentives in the 2005 Energy Policy Act, as well as by potential greenhouse gas controls that may increase the cost of fossil fuels. Moreover, the U.S. Department of Energy is spending several ...
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After several decades of widespread stagnation, nuclear power is attracting renewed interest. New license applications for 30 reactors have been announced in the United States, and another 160 are under construction or planned globally. In the United States, interest appears driven, in part, by tax credits, loan guarantees, and other incentives in the 2005 Energy Policy Act, as well as by potential greenhouse gas controls that may increase the cost of fossil fuels. Moreover, the U.S. Department of Energy is spending several hundred million dollars per year to develop the next generation of nuclear power technology.
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