Question - Doesn’t Cheap Natural Gas Make Nuclear Uncompetitive?
Answer -
Cheap gas is making coal, nuclear, renewables, and virtually all other energy technologies less competitive. But that didn’t happen by accident. The shale gas revolution, which dramatically lowered the price of gas in the United States, was made possible thanks to three decades of public investment in better drilling technologies. This is why investing in next generation nuclear technologies right now is so important. so that we have a new generation of cheap nuclear technologies that can replace fossil energy in the coming decades.