Nuclear power plants have become too expensive to generate electricity at a reasonable cost.
Moreover, Energy companies, spooked by soaring costs and stagnant electricity demand, have canceled more than 120 orders for reactors. The wave of utility deregulation that began in the 1970s put large, expensive plants at a disadvantage. Between 1978 and 2013, not a single new reactor was built. Fearing nuclear meltdowns and proliferation, environmental groups have begun lobbying governments to stop the construction of new power plants. In the US, the result was a series of new safety regulations that made the construction and operation of power plants two to three times more expensive.
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