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Can The U.S. Nuclear Power Industry Hold Its Spot As The World Leader? Aug 10

Standard & Poors, Aug 2010


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Abstract
With nuclear power accounting for almost one-fifth of the electricity Americans consume, the U.S. nuclear industry has come a long way since the days of Three Mile Island and 'The China Syndrome.' Indeed, the 102 gigawatts (GW) of energy that U.S. nuclear plants produce exceeds the generation of the world's closest competitor, France, by almost one-third. This leading position comes despite the fact that the last nuclear power plant in the U.S. started commercial operations in 1996. But this drought in new plant construction may soon end, as the appeal of nuclear power grows amid concerns about global climate change, a changing political environment, and the nuclear industry's record of strong operating performance. Still, Standard & Poor's Ratings Services see...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.




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