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Comment by pfdietz

The NRC was established just about when the first nuclear buildout collapsed under the weight of its own foolishness. Massive cost overruns did nuclear no favors whatsoever, clearly inadequate safety (especially on those first generation BWRs; hello Fukushima), and (most devastatingly) the deregulation of the US electricity grid, with PURPA (in 1978) and later steps opening grids to non-utility providers. Nuclear projects that would make sense for a monopoly utility (hey, let's boost the capital spending to increase our regulated earnings) no longer made any sense in a competitive market.
parent pfdietz 3 years ago

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