World Nuclear Industry Status Report concludes nuclear industry is aging, plagued with high costs and construction delays, and generally on the decline.
The German public never asked for nuclear power but now has to pay for the entire mess.
Looking back at the World Bank’s one and only 1959 nuclear project, it’s hardly surprising it finds renewable energy a far more attractive investment.
The German city of Freiburg has an Australian-born mayor and an ambitious plan for renewables and urban sustainability. Like most green initiatives in Germany, it has its origins in the hatred of nuclear, but its approach is fast becoming mainstream.
UK has decided to build two new nuclear reactors. But steady growth of small wind and microgeneration may offer better prospects a decade from now.
UK deal heralds the first new British nuclear power station in a generation. But if costs don’t come down, it could be a one off.