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Shutdown is the state of a nuclear reactor when the fission reaction is slowed significantly or halted completely. Different nuclear reactor designs have different definitions for what "shutdown" means, but it typically means that the reactor is not producing a measurable amount of electricity or heat and is in a stable condition with very low reactivity.
Investor and finance expert Eric Schiffer, chairman of The Patriarch Organization, says, "A government shutdown won't lead to nuclear meltdown in markets, but it will create short-term volatility ...
Of the 253 nuclear power reactors originally ordered in the United States from 1953 to 2008, 48 percent were cancelled, 11 percent were prematurely shut down, 14 percent experienced at least a one-year-or-more outage, and 27 percent are operating without having a year-plus outage.
Nuclear power construction costs have varied significantly across the world and over time. Large and rapid increases in costs occurred during the 1970s, especially in the United States. Recent cost trends in countries such as Japan and Korea have been very different, including periods of stability and decline in construction costs.
This triggered an automatic reactor shutdown. In a 2005 document, the United States Nuclear Regulatory Commission indicated that it was the third most serious safety-related occurrence in the United States as of 2005 (behind the Three Mile Island accident and the Browns Ferry cable tray fire).
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The S&P 500 posted median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution in the 14 government shutdowns since ...
Before the Fukushima nuclear disaster, the plan of the government was for all nuclear power stations to shut down by 2025. [33] Although intermediate deadlines have been missed or pushed back, on 30 March 2018 the Belgian Council of Ministers confirmed the 2025 phase-out date and stated draft legislation would be brought forward later in the year.