Nuclear Reactors

The New York Times:

When nuclear reactors were first commercialized almost half a century ago, every self-respecting electric utility wanted one. They were encouraged by a government that saw nuclear energy as a peaceful, redemptive byproduct of the deadly power unleashed at Hiroshima. The federal official for promoting nuclear energy, Lewis L. Strauss, said it would produce electricity “too cheap to meter.”

It has never given consumers anything like that. But with the industry now consolidated so that most reactors are in the hands of a comparatively few operators, utility executives are sharply divided over whether nuclear power offers an attractive choice as they seek to satisfy a growing demand for electricity.

For them, the question comes down not so much to safety and environmental impact but to whether the potential reward is worth the financial risk. And those who already operate several reactors are prone to want more.