The nuclear renaissance is stone cold dead

This year has been the nuclear power industry’s annus horribilis and the nuclear renaissance can now be pronounced stone cold dead. Nuclear power suffered its biggest ever one-year fall in 2012 – nuclear generation fell 7% from the 2011 figure. Nuclear generation fell in no less than 17 countries, including all of the top five nuclear-generating countries. Nuclear power accounted for 17% of global electricity generation in 1993 and it has steadily declined to 10% now.

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