A lot of this has had to do with the off shoring of large size foundries that are critical to create the chamber. 

After the fall of the USSR the US had the deal with Russia for them to convert nukes into nuclear fuel.

If shale had not collapsed the oil markets then nuclear would have been in a good place to take off in the early 2000s but the price collapse killed that. 

I’m no fan of Biden but he did start the LPO loans to shore up nuclear from the first restart to getting Vogel over the finish line. 

The biggest thing we learned was to do milestone projects. It’s what we do now and it has shown to save the tax payers billions.

Cje95

![](https://m.stacker.news/132259)

![](https://m.stacker.news/132260)

Solomonsatoshi

Decades of subsidies, regulation, and unmet promises have left nuclear power costly and uncompetitive.

What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct.

As a result, the 70-year “Atoms for Peace” program represents the most expensive failure (malinvestment) in US business with a history of uncompleted projects and massive cost overruns, as well as future decommissioning liabilities.

Still, President Trump is all-in with nuclear, setting a goal of ten new reactors in construction by 2030 and a quadrupling of total US capacity by 2050. Biden was bullish too, and George W. Bush had his turn at a “nuclear renaissance.” Each failed, but in the nuclear space, hope springs eternal.

Commercial fission began in the 1950s amid government and scientific fanfare. The promise was virtually limitless, emission-free, affordable electricity compared to coal-fired generation. But the technology was experimental and encumbered by a fear of radioactive contamination. Electric utilities and municipalities resisted. It would take open-ended (federal) research and development, insurance subsidies, and free enriched uranium, and rate-base returns under state regulation, to birth nuclear power.

econ

> **Decades of subsidies, regulation, and unmet promises have left nuclear power costly and uncompetitive.**
>
> What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. 
>
> As a result, the 70-year “Atoms for Peace” program represents the most expensive failure (malinvestment) in US business with a history of uncompleted projects and massive cost overruns, as well as future decommissioning liabilities.  
>
> Still, President Trump is all-in with nuclear, setting a goal of ten new reactors in construction by 2030 and a quadrupling of total US capacity by 2050. Biden was bullish too, and George W. Bush had his turn at a “nuclear renaissance.” Each failed, but in the nuclear space, hope springs eternal. 
>
> Commercial fission began in the 1950s amid government and scientific fanfare. The promise was virtually limitless, emission-free, affordable electricity compared to coal-fired generation. But the technology was experimental and encumbered by a fear of radioactive contamination. Electric utilities and municipalities resisted. It would take open-ended (federal) research and development, insurance subsidies, and free enriched uranium, and rate-base returns under state regulation, to birth nuclear power.  
>
> [**...read more at thedailyeconomy.org**](https://thedailyeconomy.org/article/nuclear-power-needs-realism-freedom/)