NRC

Nuclear Power: A Second Coming?

Here’s what’s driving the renaissance.

Nine companies, consortia, or joint ventures are planning approximately 12 new nuclear power plants in the United States. How do the business challenges they face differ from the challenges faced by companies using other fuel sources?

The Exelon-PSEG Super Merger: A Nuclear Liability?

Experts debate the risks of a proposed acquisition that would increase the largest nuclear fleet in the country.

Even as many energy and financial experts are touting the so-called “synergies” of the proposed merger between Exelon and PSEG, some are growing concerned over one of the deal’s chief selling points: the high concentration of nuclear power.

People (December 2004)

Lawrence E. De Simone joined Northeast Utilities as president of subsidiary Northeast Utilities Enterprises Inc. Kent McCargar, vice president and CFO at DTE Energy Services, was named president of the company. Gary Stephenson has joined DPL Inc. as vice president, commercial operations. And others...

Technology Corridor

Cyber and Physical Security:

Technology Corridor

Cyber and Physical Security:

Although NERC and other agencies are helping out, utilities still face internal obstacles.

People

New Opportunities:

People

New Opportunities:

Southern Co. chose Francis S. Blake to stand for election to its board of directors. Blake is an executive vice president at The Home Depot. Blake's election would bring the board to 11 members.

Mirant announced that M. Michele Burns is the company's new CFO and executive vice president, charged with leading the company's financial restructuring. Burns previously has been executive vice president for Delta Air Lines Inc. and a partner with Arthur Anderson LLP.

Business & Money

A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.

Business & Money

A spate of proposed U.S. tax rule changes soon may open a window of opportunity for certain utilities.

In the mid-1990s, before the rise of the Internet and the fall of Enron changed the calculus of business investing and the regulatory landscape, the historically staid U.S. utility industry began to be viewed as a "growth play." This triggered a global buying spree that led U.S. companies to invest tens of billions of dollars in electricity generation and distribution businesses all over the world.

Preparing for a Nuclear Exchange

Three ways to value nuclear power plants for buyers and sellers.

Three ways to value nuclear power plants for buyers and sellers.

Appraisers don't make the market-they reflect it. But when the market speaks, appraisers listen. The appraiser must use judgment, experience, and common sense to correlate the final conclusion of value for a subject plant, basing the conclusion on market indicators.

New Nuclear Construction: Still on Hold

A number of factors point to expanded nuclear generation. But when?

A number of factors point to expanded nuclear generation. But when?

The role that nuclear power will play in the U.S. electricity generation mix during the coming decades has been a subject of continuing speculation. Few analysts deny the remarkably improved prospects for the existing fleet of reactors: Efficiencies realized by industry consolidation, reactor uprates, and plant license renewals have, in a period of about five years, greatly increased the market value of nuclear plants and the competitive advantage of companies that own them.