Carbon value: Lifetime extensions of nuclear reactors could save billions in climate mitigation costs

June 24, 2022, 2:49PMNuclear NewsBeth Burmahl

On the road to achieving net-zero by midcentury, low- or no-carbon energy sources that slash carbon dioxide emissions are critical weapons. Nevertheless, the role of nuclear energy—the single largest source of carbon-free electricity—remains uncertain.

Nuclear energy, which provides 20 percent of the electricity in the United States, has been a constant, reliable, carbon-free source for nearly 50 years. But our fleet of nuclear reactors is aging, with more than half of the 92 operating reactors across 29 states at or over 40 years old—the length of the original operating licenses issued to the power plants. While some reactors have been retired prematurely, there are two options for those that remain: retire them or renew their license.

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