President Barack Obama announced last month that his administration will
encourage a boost in United States nuclear energy production, stating that
the U.S. Department of Energy has offered conditional commitments for a
total of $8.33 billion in loan guarantees for the construction and
operation of two new nuclear reactors at a plant in Burke, Ga.
According to the Energy Department, the new nuclear reactors will provide
reliable, base-load electricity capable of serving about 550,000
residences or 1.4 million people.
The American President who reportedly, has been arguing that the America
must develop cleaner energy technologies and modernize the means by
which it powers itself, said recently in a stop at a job training center
outside Washington, that "Our competitors are racing to create jobs and
command growing energy industries. And nuclear energy is no exception."
America is known for her high demand for electricity which still increases
daily. This owes to the fact that the country produces a lot of
technology products. And a few are reported to have clean-energy solutions
competing with nuclear power.
More reports reveal that, America did not engage in new nuclear
constructions for about 30 years, but still depended on nuclear power.
Rising costs, safety issues and opposition from environmentalists kept
utility companies from building new nuclear power plants since the early
1980s. In 1980, nuclear plants produced 251 billion kWh, accounting for 11
percent of the America's electricity generation; in 2008, output rose to
809 billion kWh. And presently, nuclear power in the U.S., currently
creates nearly 20 percent of electricity.
According to the World Nuclear Association, over 400 nuclear reactors
produce electricity around the world. Most reactors currently planned are
in Asian countries with fast-growing economies and rapidly rising
electricity demand.
In Obama's Feb. 16th speech to the union officials in Lanham, Md., he
explained the decision as part of a broad strategy to increase clean-power
generation and employment, saying:"If we fail to invest in the
technologies of tomorrow, then we're going to be importing those
technologies instead of exporting them. We will fall behind.
Jobs will be produced overseas instead of here in the United States of
America."
Responding to the president's announcement, the National Association of
Manufacturers (NAM) commended his administration, saying a new nuclear
plant can add $500 million annually to the economy. On job creation, NAM
said the actions will "not only speed up construction on the first two new
nuclear reactors to be built in the United States in nearly 30 years, but
will give a much-needed boost to U.S. manufacturing while creating
thousands of high-paying jobs."
Obama assured that this project is only the beginning for nuclear power,
addiing that they should find a lasting solution as to where to dispose
its nuclear waste. He will convene a bipartisan group of leaders and
nuclear experts to examine this issue. Obama has also called for
comprehensive energy legislation that assigns a cost to the carbon
pollution of fossil fuels, giving utility companies more incentive to turn
to cleaner nuclear fuel.
"On an issue that affects our economy, our security, and the future of our
planet, we can't continue to be mired in the same old stale debates
between left and right, between environmentalists and entrepreneurs,"
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