Exelon is halting efforts to gain initial federal regulatory approvals for new nuclear construction in Victoria County, Texas, the company announced yesterday.
company has notified the Nuclear Regulatory Commission that it will
withdraw its Early Site Permit application for an 11,500-acre tract
southeast of Victoria. The action is in response to low natural gas
prices and economic and market conditions that have made construction of
new merchant nuclear power plants in competitive markets uneconomical
now and for the foreseeable future.http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2012/08/29/exelon-withdraws-early-site-permit-for-new-victoria-nuclear-plants-8291.aspx