The U.S. Nuclear Power Industry Could Be Heading For A Rebirth, Report Says Feb 12

Standard & Poors, February 2012

Abstract
NEW YORK (Standard & Poor's) Feb. 15, 2012--The issuance of a combined construction and operating license to Georgia Power Co. could mean that the first new nuclear power units will be built in the U.S. for the first time in decades, according to a report published today by Standard & Poor's Ratings Services titled "The U.S. Nuclear Power Industry Takes A Giant Leap Forward." Electric utility industry observers have been watching these developments with interest to see whether other utilities will follow suit--leading to a "nuclear renaissance" in the U.S. However, market conditions indicate that the likelihood of such a rebirth is faint at this time. The economic slowdown that started in 2008 significantly reduced demand for electricity, and there...

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