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If you thought the Fukushima disaster derailed nuclear power worldwide, look again.
Evacuations and the havoc caused by meltdowns at four reactor cores at the Fukushima power plant earlier this year prompted Japan to shift away from nuclear power and recatalyzed a nuclear phase-out in Germany. But many countries remain enthusiastic about nuclear power, and interest in newer technologies has increased because they are safer, according to a panel of industry professionals here at the MIT Energy Finance Forum on Friday.
“Our investors have a very long time horizon and the reason they supported it is the long-term societal implications and the potentially significant returns from that (so) we haven’t seen any wavering of support,” said Tyler Ellis, a project manager at TerraPower. “Our development partners are trying to accelerate the time scale (of building plants) due to the energy security and safety.”
