S&P's Epiphany

Standard and Poors just came out with a report titled "Why U.S. Utilities Are Seeing Nuclear Power In A New Light" (subscription required for actual report). The report read more like "Why S&P is Seeing Nuclear Power In A New Light.

After looking at the report, it appeared S&P had an epiphany in which they are finally understanding how much the industry has changed over the years. They recognized the new licensing framework for new plants, who the nuclear players are, what technologies we are looking at building, the costs associated and the credit implications. What's great about the report is that S&P used almost of their information from NEI's 2006 Status Report (pdf).

S&P still has much of their same reservations about the costs to build a new plant but it's great to finally see them keeping up with what's going on in the nuclear industry.

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