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Wednesday 28 June 2006

Info Post
S&P Ratings News just published a research note entitled "Nuclear Power Is Heating Up Again:
Interest in the energy source is on the rise across the country, and financial risks are lower. S&P sees no slowing of the trend...

(snip)

Standard & Poor's recognizes that the federal government is initiating numerous structural changes designed to prevent a repeat of the extremely negative and financially ruinous experience of the last nuclear construction cycle.

These include things such as standardizing reactor designs, providing tax breaks and loan guarantees, and creating a combined construction and operating license. This is occurring while the industry itself has demonstrated an ability to operate safely and efficiently in recent years. So, while it may be slow and steady, the return of the nuclear power option has considerable momentum that is not likely to wane.
For more on this area, visit NEI's Financial Center -- in particular, our latest Wall Street Briefing.

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