Financial Times FT.com

US utilities are sceptical over nuclear energy revival

By Ed Crooks and Sheila McNulty

Published: November 19 2007 02:00 | Last updated: November 19 2007 02:00

After three decades without any applications for a licence to build a nuclear reactor in the US, almost 20 companies are considering applying to build over 30 new plants. In September, NRG Energy of Texas became the first to make an application in 29 years.

With US electricity demand set to rise sharply, government incentives for early movers and some environmental campaigners seeing high-emitting coal-fired power generation as a greater evil, conditions seem propitious for a renaissance of nuclear power.

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