Monday, March 15, 2010

Nuclear power revival needs state support, execs say

Nuclear power revival needs state support, execs say
Full assistance from states is essential to keep the U.S. nuclear renaissance up and running, utility executives said last week at a Houston energy conference. Though the country succeeded in awarding the first loan guarantee for nuclear power, it will not be enough to convince utilities to invest in new facilities, executives said. Some states have approved laws to back nuclear construction, but they must also support nuclear efforts over the long run, said Jeff Lyash, a Progress Energy official. Reuters

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