Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Wednesday, August 18, 2010
S&P: Federal loan guarantees are key to new nuclear plants
New nuclear projects in the U.S. need federal loan guarantees to progress, particularly so long as natural gas prices are weak, according to Standard & Poor's. Such financial support "significantly" improves the prospects of construction. "The long-term power-purchase agreements [that] merchant nuclear operators need may be difficult to obtain with natural gas prices in the $5 [per million British thermal units] range," S&P said. Platts
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