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US nuclear industry suffers shutdowns, pressured by power prices

With William Freebairn, senior managing editor, Platts Nuclear Publications

July 07, 2016 00:01:50 EST (3:04)

Nuclear power, which for a long time was among the lowest-cost electricity sources, is now having trouble competing in the US, pressured by rising costs and falling power prices. William Freebairn takes stock of nuclear unit closures slated across the US, as well as lays out how other types of power -- including subsidized renewables and low-cost fuels like natural gas -- stack up. Could legislative action help the nuclear industry from becoming even smaller?

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