The proposal comes as nuclear facilities across the country feel the financial pressure of
cheap natural gas produced by the fracking boom and after Entergy has already decided to close its Vermont Yankee facility for economic reasons.
Not exact matches
NuScale claims it will be able to
produce power at about seven to nine cents per kilowatt - hour — roughly the same as big nuclear plants, only a few cents more than the
cheapest modern
natural gas — fired or coal - fired plants, and one - third the cost of a typical diesel generator.
The
cheap hydrocarbon is made using petroleum and
natural gas, and the way it is
produced emits more carbon dioxide than any other chemical process.
Natural gas from oil wells is one of the
cheapest and cleanest fossil fuels today, used widely to heat homes as well as in manufacturing and to
produce electricity.
In the longer run, it isn't clear whether coal or
natural gas will be
cheaper in the US for
producing electricity.
- In the US (but not elsewhere), where tracking has
produced so much
cheap natural gas, coal is not the
cheapest form of
producing electricity right now.
fracking is good because it allows us to
produce natural gas cheaper than coal, and that allows a rapid decrease in greenhouse
gas emissions from electricity.