PPL chief says new safety rules could lead to reactor sales

PPL chief says new safety rules could lead to reactor sales
Single nuclear plant owners in the U.S. could consider selling their facilities because of new safety rules imposed by the Nuclear Regulatory Commission in the aftermath of the Fukushima Daiichi incident in Japan, said William Spence, president and CEO of PPL. "There will be a lot of companies like ourselves that will have to look hard at their role in nuclear," he said. But Pence said PPL has no plans to sell its Susquehanna nuclear plant in Pennsylvania because the company considers it a key asset. Bloomberg