Mexico Delays Decision on New Nuclear Plants as Gas Price Falls

The declining price of natural gas has led the Mexican government to postpone a decision on whether to expand the country's nuclear fleet. The government needs additional time to study power-generation costs and will decide "next year or 2012" on a plan for as many as 10 new nuclear plants, said Energy Minister Georgina Kessel. She had announced in May that a decision was forthcoming this year. Bloomberg Businessweek