URANIUM
The Biden administration’s top energy official said the nuclear industry should broaden its business case beyond power markets in order to ensure its place in a carbon-free economy.
US nuclear energy has come under relentless pressure in recent years from cheap natural gas, solar and wind power. More reactors are being taken offline permanently than built, risking the long-term future of the country’s biggest clean energy source. President Joe Biden has pledged financial support to keep aging atomic plants online. Secretary of Energy Jennifer Granholm said “building back better” for nuclear might mean more than just generating electricity as it competes with emerging renewable energy and storage technologies.
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