Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, October 18, 2010

* Nuclear power in America Constellation's cancellation America’s nuclear renaissance is mighty slow in coming

Feds must fix loan-guarantee program to accelerate nuclear revival
The White House Office of Management and Budget's "ridiculous formulaic approach" doomed Constellation Energy's plan to expand the Calvert Cliffs nuclear plant in Maryland, according to The Economist, citing the Nuclear Energy Institute. Unless the federal government fixes its loan-guarantee program, it is unlikely that new nuclear plants will qualify in states without regulated energy markets, The Economist argues. The Economist
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