- Jul 16, 2001
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"People are getting comfortable with nuclear," Paul Dabber, a vice president for mergers and acquisitions at J.P. Morgan, told a conference on new reactor technology in February. One reason is that existing nuclear power plants have been making profits, he said.
At the heart of the resurgent interest in nuclear power are the high cost of competing energy sources and improved reactor efficiency. A University of Chicago study concluded that a new fleet of reactors can be expected to produce power as cheaply as coal and natural gas, given's today's prices.
"There is a growing recognition that if we are going to meet our future need for electric energy and also reduce our emissions of greenhouse gases ... we simply must build the next generation of advanced nuclear energy plants," said Marilyn Kray, an Exelon vice president and head of the NuStart consortium.
"People are getting comfortable with nuclear," Paul Dabber, a vice president for mergers and acquisitions at J.P. Morgan, told a conference on new reactor technology in February. One reason is that existing nuclear power plants have been making profits, he said.
At the heart of the resurgent interest in nuclear power are the high cost of competing energy sources and improved reactor efficiency. A University of Chicago study concluded that a new fleet of reactors can be expected to produce power as cheaply as coal and natural gas, given's today's prices.
"There is a growing recognition that if we are going to meet our future need for electric energy and also reduce our emissions of greenhouse gases ... we simply must build the next generation of advanced nuclear energy plants," said Marilyn Kray, an Exelon vice president and head of the NuStart consortium.