Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
nuclear crisis
Economy

Nuclear crisis possible in the USA: Moody’s agency study

01.06.2021
2 min read

The U.S. nuclear crisis in the near future: causes

The catastrophic climate pollution and the seriousness of its consequences have long been talked about by ecologists around the world. And recently the Moody’s agency has announced another threat. According to its specialists, a nuclear crisis is possible in the USA in the future. Global climate change causes severe heat bursts, rising of the world ocean level leads to floods. All this has irreversible consequences for humanity and the planet as a whole.
For the study experts Moody’s analyzed the work at 57 nuclear power plants in the U.S. They evaluated them by several criteria, and primarily on how their functionality can withstand various climatic hazards in the next 20 years. The study revealed that most nuclear power plants are not ready for environmental hazards. Facilities will not withstand severe heat and prolonged absence of rain. In addition, the lack of water, which is necessary for reactor cooling, may become an important problem. Some nuclear power plants are at risk of being flooded by floods that will result in river floods.
According to Moody’s experts, such a problem that overhangs the NPP is observed due to not so weak technical facilities as global climate change. Processes in the environment are rapid, and the industry does not have time to adapt to its conditions. Standards and norms, which have been successfully operating for half a century, are no longer effective. These problems lead to a reduction in the lifetime of nuclear power plants.

nuclear crisis

However, experts also note that a large number of analyzed stations will be able to withstand the increasing load, which will be observed in the near future. The situation in the medium term is not so optimistic. Therefore, to prevent serious catastrophes in the industry, it is necessary to significantly upgrade nuclear power plants, which will require large investments. Accordingly, such measures will bring additional costs, and the credit burden will increase many times.
Moody’s analysts highlighted one more point that deserves special attention. This is the lack of response from the plant management and the lack of effective measures to improve efficiency and counteract climate change. In 2011, when Japan’s Fukushima accident occurred, the U.S. government initiated an audit of all its nuclear power plants. The main purpose of the government’s demand was to identify the readiness of facilities for one or another cataclysm. According to this study, 54 out of 60 nuclear power plants showed negative results and required modernization. Since then, the plants have been working to improve disaster resilience. However, one should take into account the fact that the climate situation is changing rapidly, and it requires the same response from the NPP managers.

Tags: Economic
0
Previous Post Ford will build a new plant for the production of electric cars Next Post What is the return on ordinary shares

You Might Also Like

oil exports to China
Economy
Oil exports to China increasing: reasons for the growth in volumes
21.02.2021
Distributed registry technology
Economy
Blockchain and distributed registry technology can be used by the US Treasury Department
07.01.2021
U.S. budget deficit to reach record highs
Economy
The U.S. budget deficit: a forecast from the Congressional Budget Office
03.11.2021
EU electric cars
Economy
Why EU electric cars are losing popularity
20.01.2025
pound has fallen
Economy
Why the pound has fallen in the UK: the consequences of the Brexit procedure
10.08.2020
The minimum income in Latvia will change
Economy
The government intends to revise the minimum income in Latvia
21.06.2022

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics